Neutrl opens NUSD/sNUSD redemption plan until November 14, offering USDC exchange

Neutrl announced that NUSD and sNUSD holders can now submit redemption applications through the Neutrl Redemption Portal. The plan offers a fixed redemption rate based on previously disclosed liquidity reserves, and users will receive USDC upon completion, with the corresponding NUSD or sNUSD being destroyed. Users must connect their wallets and sign on-chain messages to verify ownership, with the portal displaying specific redemption details before submission. The redemption plan is scheduled to remain open until November 14, 2026. The relevant contracts have passed third-party security audits, and the company advises users to only use the official Neutrl redemption website.