Tag
Strata
3 articles
Neutrl Halts NUSD Minting Over Undisclosed Reserve Issue
The DeFi protocol suspended all NUSD functions and paused other operations on legal advice, with the cause and scale of any impairment remaining unclear.
Neutrl Pauses NUSD After Undisclosed Reserve Issue
The $53.6M synthetic stablecoin halted minting and redemptions Aug. 14 on legal advice, leaving holders unable to access backing assets as the protocol investigates a potential loss.
Neutrl Halts NUSD Minting and Redemptions After Reserve Problem Surfaces
The synthetic dollar's $53.6M supply is locked as Neutrl discloses an unspecified reserve problem and pauses protocol functions on legal advice.