Neutrl opens NUSD and sNUSD redemption at a fixed rate through November 14
- —Redemption available via the Neutrl Redemption Portal at a fixed rate to USDC
- —Payouts are backed by Neutrl's previously disclosed liquidity reserve
- —Redeemed NUSD and sNUSD will be destroyed
- —Requests accepted until November 14, 2026; contracts audited
Why it matters: The fixed redemption rate reduces risk for NUSD and sNUSD holders, but actual payouts depend on the reserve being sufficient.
Source: PANews