NUSD Redemptions Frozen as Neutrl Reviews $53.6M Reserves
· financefeeds.com
Neutrl paused NUSD minting and redemptions on legal advice while it reviews reserves. About $53.6M is in circulation and the token still trades near $1.
Why Did Neutrl Suspend NUSD Redemptions?
Decentralized finance protocol Neutrl has suspended minting and redemptions for its NUSD synthetic dollar after unspec...