[Neutrl Opens Redemption for NUSD and sNUSD, To Be Exchanged for USDC at a Fixed Ratio] Odaily Planet Daily News - Neutrl announced on the X platform that redemption for NUSD and sNUSD is now open. Holders can submit applications through the official redemption portal. According to the redemption plan, NUSD and sNUSD will be redeemed at a fixed ratio determined by Neutrl's previously disclosed liquidity reserves. Upon completing the redemption, users will receive USDC, and the corresponding NUSD or sNUSD will be burned. This redemption plan is expected to remain open until November 14, 2026. Users need to connect their wallets holding the relevant assets and sign an on-chain message to verify ownership. Specific redemption details will be displayed before submitting the application. Earlier reports indicated that Neutrl had stated plans to meet users' liquidity needs by introducing an early redemption mechanism for NUSD and sNUSD holders, which was expected to go live in early September.