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Event record
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Record sog_ev_usdr_recovery_plan_batch_v

StablR activates Recovery Plan for USDR

StablR formally activated its Recovery Plan, notified and engaged the MFSA, kept minting and redemption suspended, and requested continued exchange and venue suspensions while forensic and recovery work proceeded.

Date
2026-05-29
Category
Redemption change
Subtype
Redemption Change
Status effect
Restricted or impaired
Recovery
Not applicableNot yet recorded
Evidence
2 source records2 relations

Identity and classification

Overview

Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.
Date2026-05-29
Public event categoryRedemption change
Canonical event subtypeRedemption Change
Structured detail kindRedemption Change
Stablecoin subjectsStablR USD
Organization subjectsStablR Ltd.
ImpactHigh
Effect on stablecoin lifecycleRestricted or impaired
Canonical status-effect valueRestricted
Recovery or reversalNot applicable
Recovery dateNot Applicable
Cause or mechanismMinting and redemption remained suspended under the Recovery Plan while forensic, operational, legal, regulatory, and stakeholder review continued.
Structured detail coverageStructured fields available below
Record confidenceHigh
Date
2026-05-29
Public category
Redemption change
Canonical subtype
Redemption Change
Structured detail kind
Redemption Change
Impact
High
Status effect
Restricted or impaired
Recovery
Not applicable
Recovery date
Not yet recorded
Cause or mechanism
Minting and redemption remained suspended under the Recovery Plan while forensic, operational, legal, regulatory, and stakeholder review continued.
Record confidence
High

Affected records

Subjects

Stablecoin and organization subjects remain separate record groups.
Stablecoin subject

StablR USD

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Organization subject

StablR Ltd.

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Typed record

Structured detail

Event-type-specific facts remain visible with explicit value states.
Structured event detail
Redemption-change detail — SummaryMinting and redemption remained suspended under the Recovery Plan while forensic, operational, legal, regulatory, and stakeholder review continued.
Redemption-change detail — StatusSuspended Under Recovery Plan
Redemption-change detail — Effective date2026-05-29
Redemption-change detail — Resolution dateNot yet recorded
Redemption-change detail — Summary
Minting and redemption remained suspended under the Recovery Plan while forensic, operational, legal, regulatory, and stakeholder review continued.
Redemption-change detail — Status
Suspended Under Recovery Plan
Redemption-change detail — Effective date
2026-05-29
Redemption-change detail — Resolution date
Not yet recorded

Provenance

Evidence

Source identity, publisher, publication date, reliability, archive, and relation count remain separate.
2 source identities · 2 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
Important Notice to StablR Token Holders: Recovery Plan Activation
Published 2026-05-29		StablROfficial statement or announcement
Canonical: Official Protocol Update		Subject-controlled sourcePrimary sourceRecovery Plan, Regulatory Engagement, Minting Suspension, Redemption Suspension, Reserve Safeguarding, Recovery Plan Activation Regulator Dialogue and Continued Mint Redeem SuspensionArchive index or wildcardHigh
Further Update Concerning the Cybersecurity Incident affecting EURR & USDR
Published 2026-06-05		StablROfficial statement or announcement
Canonical: Official Protocol Update		Subject-controlled sourcePrimary sourceRecovery Plan, Minting Suspension, Redemption Suspension, Reserve Safeguarding, Continued Recovery Work and Continued Mint Redeem SuspensionArchive index or wildcardHigh

Maintenance

Corrections and further reading

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