$USDC PEG BREAK SHOCK HITS STABLR 🚨

StablR’s $EURR and $USDC lost peg after a persistent attack tied to compromised key management, according to Blockaid. The attacker allegedly minted 8.35M USDR and 4.5M EURR, then swapped around $10.4M on a DEX into roughly 1,115 $ETH.This was not flagged as a smart contract bug.

This was governance and private key failure.

Peg damage was brutal: EURR near $0.88, USDR near $0.70.Stablecoin risk just got loud again.

Not financial advice. Manage your risk.

#Crypto #Stablecoins #DeFi #ETH #Web3

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