The stablecoin cracks exposing deeper DeFi reserve risks
- Neutrl halted redemptions for its US$486 million NUSD stablecoin after reserve concerns emerged around its exposure to Resolv.
- The situation has drawn attention to reserve transparency, collateral structures, and liquidity risks across decentralised stablecoin projects.
- Reserve quality and redemption access remain the key factors separating more resilient stablecoin models from structurally weaker ones.










