Neutrl Opens NUSD Redemptions at 51 Cents as Strata Junior Tranche Faces Complete Wipeout
September 19, 2026
Neutrl has launched a redemption contract paying 0.51 USDC per NUSD following a 48-hour valuation update by Strata that completely wiped out its junior tranche (jrNUSD).
Neutrl and Strata Pause Operations Following Reserve Impact Assessment
August 17, 2026
DeFi yield protocol Neutrl has paused minting and redemptions for its NUSD synthetic dollar amid reserve assessment efforts, impacting related Strata yield market contracts.