Hacker mints $80M USD worth of USR stablecoins

💸 Stablecoin Exploit Nets $80M



A hacker recently exploited a vulnerability to mint $80 million worth of USR stablecoins, which were then swapped for Ethereum, highlighting the risks associated with stablecoin security and the need for robust safeguards against such attacks. This incident underscores the importance of secure protocols in preventing similar exploits.

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https://news.ycombinator.com/item?id=47495719

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https://bfmtimes.com/hacker-mints-80-million-worth-of-fake-stablecoins-and-swaps-them-for-eth/

author_name

timbowhite

id: 1114
uid: MyBNw
insdate: 2026-03-24 01:05:20
title: Hacker mints $80M USD worth of USR stablecoins
additional:

💸 Stablecoin Exploit Nets $80M



A hacker recently exploited a vulnerability to mint $80 million worth of USR stablecoins, which were then swapped for Ethereum, highlighting the risks associated with stablecoin security and the need for robust safeguards against such attacks. This incident underscores the importance of secure protocols in preventing similar exploits.
category: Hacker News
md5:
guid: https://news.ycombinator.com/item?id=47495719
source_url: https://bfmtimes.com/hacker-mints-80-million-worth-of-fake-stablecoins-and-swaps-them-for-eth/
updated:
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author_name: timbowhite
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