Neutrl Opens Emergency NUSD Redemptions at Approximately $0.51

Neutrl has launched an emergency on-chain redemption vault for NUSD holders following losses within a junior Strata collateral tranche. Users can currently redeem NUSD for USDC at a rate of approximately $0.51 per token. This redemption value reflects the remaining senior collateral available, highlighting the impact of structured DeFi product losses on token value.