StablR, an EU stablecoin issuer, continues to operate under heightened scrutiny due to both its leadership’s controversial legacy and the evolving regulatory environment in the EU. The company issues two stablecoins: EURR (euro-pegged) and USDR (dollar-pegged). As of May 1, 2025, StablR reports 12,654,544 EURR issued and 5,400,469 USDR issued.
StablR, a stablecoin issuer founded by Dutch tech entrepreneur Gijs Op de Weegh in April 2023, has garnered attention with its MiCA-compliant euro stablecoin EURR and recent seed financing success. However, a closer examination reveals significant concerns regarding the company’s leadership and background that could undermine investor confidence. Key individuals of the StablR scheme, including its founder and CEO, have a past with the notorious scam facilitator Payvision.