August 14 , 2026
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Day: August 14, 2026

NUSD Redemptions on Hold as Neutrl Audits Its Reserves

By Finley AdamsIn NFT TrendsPosted

Highlights Neutrl has halted minting and redemptions for its synthetic dollar, NUSD, due to unidentified reserve issues. Strata has also paused related functions, leading to an 18% drop in NUSD's supply and a 72% decrease in monthly transfer volume. The status of Neutrlโ€™s reserves remains uncertain, raising concerns over the...