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Record sog_st_stablrusdr
USDR/StablR USD
Also recorded as StablR USDR, StablR USD
- Lifecycle
- Restricted
- Issuance
- Paused
- Reference target
- US dollar
- Primary organization
- StablR Ltd.No additional recorded relationship
- Launch
- Not yet recorded
- Redemption
- Suspended
- Backing
- Fiat and cash equivalents
- Stabilization
- Issuer redemption
- Last review
- 2026-07-09
- Evidence
- 7 source records
Reviewed assessment
Identity and current state
This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.USD-referenced StablR electronic money token. Following the May 2026 security incident and unauthorized issuance, the incident was contained and no further unauthorized issuance was reported, but minting and redemption remained suspended in the latest reviewed official recovery update.
| Name | StablR USD |
|---|---|
| Symbol | USDR |
| Aliases | StablR USDR, StablR USD |
| Asset class | Stablecoin |
| Lifecycle status | Restricted |
| Issuance status | Paused |
| Canonical record ID | sog_st_stablrusdr |
| Route slug | stablr-usdr |
| Record confidence | High |
| Last reviewed | 2026-07-09 |
- Name
- StablR USD
- Symbol
- USDR
- Aliases
- StablR USDR, StablR USD
- Asset class
- Stablecoin
- Lifecycle status
- Restricted
- Issuance status
- Paused
- Canonical record ID
sog_st_stablrusdr- Route slug
stablr-usdr- Record confidence
- High
- Last reviewed
- 2026-07-09
Record coverage
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 7 |
| Reserve reports | 1 |
| Reserve components | 1 |
| Model-history events | 0 |
| Regulatory notes | 0 |
| Deployments | 3 |
| Issuer-control actions | 0 |
| Open questions | 3 |
| Events | 3 |
Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.
- Governance
- Centralized
- Primary display organization
- StablR Ltd.
- Primary display role
- Legal issuer
- Display selection mode
- Deterministic Policy
- Current relationships
- 1
- Ended relationships
- 0
- Unknown relationship state
- 0
- Freeze capability
- 0 recorded yes · 0 recorded no · 3 not recorded
- Blacklist capability
- 0 recorded yes · 0 recorded no · 3 not recorded
- Deployment control-event references
- 0
- Observed issuer-control events
- 0
- Relationship coverage
- 1 recorded relationship
| Organization | Organization category | Regulatory character | Jurisdiction | Role | Display priority | From | Until | Relationship status |
|---|---|---|---|---|---|---|---|---|
| StablR Ltd. | Unknown or not yet classified | Unknown or unresolved | Malta / European Economic Area | Legal issuer | Primary display | Not yet recorded | Not yet recorded | Active relationship |
Unknown or not yet classified
Primary displayStablR Ltd.
- Functional role
- Legal issuer
- Relationship status
- Active relationship
- Regulatory character
- Unknown or unresolved
- Jurisdiction
- Malta / European Economic Area
- From
- Not recorded
- Until
- Not recorded
Mechanism
How the asset works
Reference, backing, stabilization, exit, valuation, and yield remain separate facts.- Reference target
- US dollar
- Reference kind
- Fiat
- Comparison category
- US dollar
- Target value
- Not yet recorded
- Reference methodology
- USDR targets a 1:1 USD reference. Current official recovery updates state minting and redemption remain suspended.
- Public backing model
- Fiat and cash equivalents
- Canonical backing types
- Cash, Bank Deposits, Other
- Reserve component categories
- Cash Equivalents
- Primary stabilization mechanism
- Issuer redemption
- Recorded model description
- Fiat Reserve Backed E Money
- Redemption / exit model
- Suspended
- Valuation source
- Public information is incomplete
- Yield / rebase profile
- None recorded
- Classification notes
- Regulated USD electronic-money token with segregated fiat reserve backing and issuer conversion infrastructure. Lifecycle is restricted because minting and redemption remain suspended under the May 2026 incident recovery process.
Reserve and redemption
Reserve and redemption
Recorded components, disclosures, reports, and redemption conditions remain explicit.Reserve components
- Safeguarded USD fiat reserves, including segregated accounts and money market fund holdings described by StablRCash Equivalents · StablR states full fiat backing and segregated safeguarded assets but no instrument-level percentage allocation is invented here.
| Disclosure status | Issuer Proof of Reserve and Independent Quarterly Review Program |
|---|---|
| Backing types | Cash, Bank Deposits, Other |
| Summary | StablR states that USDR is fully backed by fiat reserves held with regulated financial institutions and that safeguarded backing assets are held in segregated accounts and money market funds. The May 2026 incident updates distinguish pre-incident safeguarded assets from unauthorized issuance and preserve the incident-related recovery boundary. |
| As of | 2026-07-09 |
| Profile confidence | High |
- Disclosure status
- Issuer Proof of Reserve and Independent Quarterly Review Program
- Backing types
- Cash, Bank Deposits, Other
- Summary
- StablR states that USDR is fully backed by fiat reserves held with regulated financial institutions and that safeguarded backing assets are held in segregated accounts and money market funds. The May 2026 incident updates distinguish pre-incident safeguarded assets from unauthorized issuance and preserve the incident-related recovery boundary.
- As of
- 2026-07-09
- Profile confidence
- High
| Current status | Suspended |
|---|---|
| Settlement asset | USD |
| Eligible parties | Eligible StablR business customers under account, bank-account, wallet-whitelisting, compliance, and jurisdiction requirements; current minting and redemption are suspended under the recovery plan. |
| Retail access | Not publicly disclosed |
| Institutional access | Stablr Account and API Flow Currently Suspended |
| Minimum amount | Terms and account eligibility dependent. |
| Fee | Current incident-response suspension takes precedence over standard conversion terms. |
| Settlement time | Not Applicable |
| Regional limits | StablR onboarding and compliance eligibility apply., Current incident-response suspension applies to minting and redemption. |
- Current status
- Suspended
- Settlement asset
- USD
- Eligible parties
- Eligible StablR business customers under account, bank-account, wallet-whitelisting, compliance, and jurisdiction requirements; current minting and redemption are suspended under the recovery plan.
- Retail access
- Not publicly disclosed
- Institutional access
- Stablr Account and API Flow Currently Suspended
- Minimum amount
- Terms and account eligibility dependent.
- Fee
- Current incident-response suspension takes precedence over standard conversion terms.
- Settlement time
- Not Applicable
- Regional limits
- StablR onboarding and compliance eligibility apply., Current incident-response suspension applies to minting and redemption.
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| Not yet recorded | StablR | Issuer Proof of Reserve and Recovery Context | Cash, Bank Deposits, Other | High |
StablR
Not yet recorded- Type
- Issuer Proof of Reserve and Recovery Context
- Assets covered
- Cash, Bank Deposits, Other
- Record confidence
- High
Deployments and legal context
Deployments and legal context
Network state, contract identity, legal notices, and value states remain separate.| Network | Network record state | Standard | Public deployment category | Canonical deployment type | Operational state | Recorded status | Change or proposal state | Canonicality | Canonicality record state | Verification state | Contract identity state | Contract or identifier | Freeze | Blacklist | Control events | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ethereum | Specific network recorded | ERC-20 | Issuer- or institution-supported deployment | Issuer Native Token | Active | Active | No separate change state recorded | Issuer-native deployment | Canonicality recorded | Verified | Identifier recorded | 0x7B43E3875440B44613DC3bC08E7763e6Da63C8f8 | Not yet recorded | Not yet recorded | 0 | Exact USDR mainnet identifier published in current StablR developer documentation. |
| Plasma | Specific network recorded | ERC-20 | Issuer- or institution-supported deployment | Issuer Native Token | Active | Active | No separate change state recorded | Issuer-native deployment | Canonicality recorded | Verified | Identifier recorded | 0x5E2FAa288A7334388fbA3573712101A5CdCAba97 | Not yet recorded | Not yet recorded | 0 | Exact USDR mainnet identifier published in current StablR developer documentation. |
| Concordium | Specific network recorded | CIS-2 | Issuer- or institution-supported deployment | Issuer Native Token | Active | Active | No separate change state recorded | Issuer-native deployment | Canonicality recorded | Verified | Identifier recorded | 4S4JATjftpSDHJ9ETH275Dxh6j9my6eHi5eCrGgXNjELkBvNGt | Not yet recorded | Not yet recorded | 0 | Exact USDR mainnet identifier published in current StablR developer documentation. |
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
No regulatory notes have been added yet.
Evidence
Evidence
Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| StablR USD (USDR) Published Not yet recorded | StablR | Official documentation or product page Canonical: Official Product Page | Subject-controlled source | Primary source | Identity, Backing, Reserve, Redemption, Regulatory Status, Usdr Identity Reference Backing Reserve Redemption and Regulatory Context | Archive index or wildcard | High |
| Proof of Reserve Published Not yet recorded | StablR | Reserve, assurance, or financial report Canonical: Reserve Transparency Page | Subject-controlled source | Primary source | Backing, Reserve, Reserve Reporting, Assurance Program, Eurr Usdr Fiat Backing Daily Reserve Updates and Independent Quarterly Review Program | Archive index or wildcard | High |
| StablR Smart Contract Published Not yet recorded | StablR | Official documentation or product page Canonical: Official Developer Documentation | Subject-controlled source | Primary source | Contract Address, Network, Technical Documentation, Official Eurr Usdr Mainnet Contract Identifiers | Archive index or wildcard | High |
| StablR Discloses Cybersecurity Incident Affecting USDR and EURR Token Operations Published 2026-05-25 | StablR | Official statement or announcement Canonical: Official Incident Report | Subject-controlled source | Primary source | Security Incident, Unauthorized Issuance, Minting Suspension, Redemption Suspension, Backing Impairment, May 24 Unauthorized Access Issuance and Immediate Mint Redeem Suspension | Archive index or wildcard | High |
| Important Notice to StablR Token Holders: Recovery Plan Activation Published 2026-05-29 | StablR | Official statement or announcement Canonical: Official Protocol Update | Subject-controlled source | Primary source | Recovery Plan, Regulatory Engagement, Minting Suspension, Redemption Suspension, Reserve Safeguarding, Recovery Plan Activation Regulator Dialogue and Continued Mint Redeem Suspension | Archive index or wildcard | High |
| Further Update Concerning the Cybersecurity Incident affecting EURR & USDR Published 2026-06-05 | StablR | Official statement or announcement Canonical: Official Protocol Update | Subject-controlled source | Primary source | Recovery Plan, Minting Suspension, Redemption Suspension, Reserve Safeguarding, Continued Recovery Work and Continued Mint Redeem Suspension | Archive index or wildcard | High |
| Notification Update Published 2026-06-15 | StablR | Official statement or announcement Canonical: Official Protocol Update | Subject-controlled source | Primary source | Security Incident, Containment, Minting Suspension, Redemption Suspension, Recovery Status, Incident Containment No Further Unauthorized Issuance and Continued Mint Redeem Suspension | Archive index or wildcard | High |
Known unknowns
Known unknowns and coverage
Missing or disputed facts remain visible instead of being converted into certainty.| Topic | What remains unclear | Value state | Priority | Last checked |
|---|---|---|---|---|
| Launch Date | Exact original USDR public launch day remains unresolved; current product, regulatory, and deployment evidence does not establish the first public issuance date. | Unknown after review | Medium | 2026-07-09 |
| Current Service State | The reviewed official recovery updates do not establish a later terminal date for lifting the USDR minting and redemption suspension. | Unknown after review | High | 2026-07-09 |
| Incident Impact | Exact unauthorized issuance amount attributable to USDR, resulting backing-restoration metrics, and terminal recovery outcome remain unresolved in reviewed official sources. | Unknown after review | High | 2026-07-09 |
Launch Date
Exact original USDR public launch day remains unresolved; current product, regulatory, and deployment evidence does not establish the first public issuance date.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-07-09
Current Service State
The reviewed official recovery updates do not establish a later terminal date for lifting the USDR minting and redemption suspension.
- Value state
- Unknown after review
- Priority
- High
- Last checked
- 2026-07-09
Incident Impact
Exact unauthorized issuance amount attributable to USDR, resulting backing-restoration metrics, and terminal recovery outcome remain unresolved in reviewed official sources.
- Value state
- Unknown after review
- Priority
- High
- Last checked
- 2026-07-09
Lifecycle
History
Current classification remains separate from dated changes and incidents.Model and lifecycle changes
No separate model-change event is currently recorded.
| Date | Event | Category | Subtype | Status effect | Recovery |
|---|---|---|---|---|---|
| 2026-05-24 | Cybersecurity incident affects USDR token operations | Security and chain incident | Security Incident | Restricted or impaired | Not applicable |
| 2026-05-29 | StablR activates Recovery Plan for USDR | Redemption change | Redemption Change | Restricted or impaired | Not applicable |
| 2026-06-15 | StablR reports USDR incident containment while suspension continues | Other material event | Security Incident Update | Restricted or impaired | Not applicable |
Related records and corrections
Corrections and further reading
Open connected records, methodology, machine-readable data, or report a correction.- All stablecoinsCompare this record with the rest of the archive.
- StablR Ltd.Malta / European Economic Area
- Event registry3 connected events recorded.
- MethodologyRead classification, evidence, and value-state rules.
- CorrectionsReport a source, relationship, or record problem.
- Data manifestInspect the machine-readable public layer.