NUSDThe incident remains unresolved; it stays active until recovery evidence supports closure.
On August 13, 2026, Neutrl announced that it had suspended NUSD minting and redemptions while assessing circumstances affecting protocol reserves. Because holders could not redeem, Philidor classifies the incident as Critical and applies a redemption-paused hard fail to NUSD and sNUSD until reviewed recovery evidence supports clearance. The preserved sources do not disclose a realized loss amount or canonical incident transaction, and this event does not assert exposure to Philidor-tracked vaults.
No canonical incident transaction was disclosed in the preserved sources. Philidor does not substitute an unrelated contract or wallet transaction.
Source-backed incident record anchored to a preserved first-party issuer disclosure. Philidor applies its own severity policy but does not infer an undisclosed loss amount or transaction.
