StablR Discloses Cybersecurity Incident Affecting USDR and EURR Token Operations

The following is a Company Announcement issued by StablR Ltd pursuant to its obligations as an e-money token issuer authorised and regulated by the Malta Financial Services Authority under MiCAR.

Quote

StablR Ltd hereby announces that on Sunday 24th May 2026, after receiving alerts, the Company identified irregularities in its platform infrastructure consistent with unauthorised external access. Upon identification, the Company immediately suspended all token minting and redemption activity.

As a result of this incident, the circulating supply of USDR and EURR tokens is currently not fully backed at the 1:1 ratio required under MiCAR. All listed exchanges and trading venues have been requested to suspend trading, deposits, and withdrawals in both tokens with immediate effect.

Given that this incident was identified yesterday, the Company's response is at an early stage.

StablR will be notifying the MFSA of a Major ICT-Related Incident under DORA and will be submitting the required notifications under MiCAR at the earliest opportunity. External cybersecurity specialists will be engaged to conduct a forensic investigation, and a formal report will be filed with the relevant law enforcement authorities.

The Board of Directors has convened and will communicate its formal determination on next steps to token holders and counterparties without delay. Further updates will follow as the situation develops.

StablR would like to reassure its token holders and counterparties that it is acting with full transparency and in their best interests at every step.

Gijs op de Weegh, Chief Executive Officer, StablR Ltd