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EURR stablecoin drops 20%, causing USDR to decouple amid suspected $3M exploit at StablR.

Market News
24 May 2026
Coincu
View Source
Bearish
pluang ai news

EURR, a euro-backed stablecoin by StablR, fell 20%, breaking its usual price link with USDR, another StablR stablecoin. This decoupling followed reports of a suspected $3 million smart contract exploit affecting StablR, which undermined liquidity and market confidence in EURR. The divergence suggests traders see different risks for each token, with EURR hit harder. Market watchers will monitor liquidity restoration, redemption processes, and issuer statements to gauge recovery or deeper issues.

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