We present a theory of stratified truth with a μ‐operator, where terms representing fixed points of stratified monotone operations are available. We prove that is relatively intepretable into Quine's (or subsystems thereof). The motivation is to investigate a strong theory of truth, which is consistent by means of stratification, i.e., by adopting an implicit type theoretic discipline, and yet is compatible with self‐reference (to a certain extent). The present version of is an enhancement of the theory presented in [2].