Kraken incident

Stablr USD (USDR) and Stablr Euro (EURR) Funding Methods Halted

Ongoing since 06:19 AM UTC, affecting Stablr Euro (EURR) - Ethereum and Stablr USD (USDR) - Ethereum.

identified Jul 01, 2026, 02:03 PM UTC

We are continuing to work on a fix for this issue.

Started
May 24, 2026, 06:19 AM UTC
Resolved
Ongoing
Duration
● 151d 1h
Detected by Pingoru
May 24, 2026, 06:19 AM UTC

Affected components

Stablr Euro (EURR) - EthereumStablr USD (USDR) - Ethereum

Update timeline

  1. identified May 24, 2026, 06:19 AM UTC

    We have temporarily paused deposits and withdrawals for USDR and EURR due to an issue affecting the underlying smart contract. At this time, there is no indication that Kraken's wallets or systems have been directly compromised. All other funding methods and services continue to operate normally. Our team is actively investigating and working with urgency to resolve the matter. We’ll continue to share updates as more information becomes available.

  2. identified May 24, 2026, 06:02 PM UTC

    We have moved EURR and USDR markets to Post Only due to an issue affecting the underlying smart contract. At this time, there is no indication that Kraken's wallets or systems have been directly compromised. All other funding methods and services continue to operate normally. Our team is actively investigating and working with urgency to resolve the matter. We’ll continue to share updates as more information becomes available.

  3. identified Jul 01, 2026, 02:03 PM UTC

    We are continuing to work on a fix for this issue.

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