JUST Stablecoin Price(USDJ)

JUST Stablecoin (USDJ) was a decentralized stablecoin operating on the TRON blockchain, designed to maintain a peg to the US dollar. It was created through decentralized smart contracts, allowing users to mint USDJ by pledging TRON's native cryptocurrency, TRX, as collateral within Collateralized Debt Positions (CDPs). Once generated, USDJ entered free circulation like other cryptocurrencies. The system employed autonomous feedback mechanisms, including a Target Rate Feedback Mechanism, to help stabilize its peg to the US dollar. These mechanisms adjusted factors like stability fees to manage the supply and demand of USDJ. USDJ was developed by the JUST Foundation and aimed to be a core component of TRON's Decentralized Finance (DeFi) ecosystem, facilitating activities such as lending and borrowing. Governance of the JUST ecosystem, including risk parameters for USDJ, was managed by holders of the JST token through voting. The TRON network itself is secured by a delegated-proof-of-stake (DPoS) consensus mechanism. However, USDJ is currently undergoing a phased discontinuation, or "sunset," process. This wind-down was initiated in May 2025 due to declining usage and the emergence of newer stablecoins within the TRON ecosystem, such as USDD. The process involved suspending the creation of new CDPs and encouraging users to transition to alternative stablecoins. Following September 30, 2025, USDJ moved to a floating exchange rate with reduced liquidity. Learn more

Looking to buy How to buy USDJ? The process is simple and hassle-free! You can easily purchase USDJ on LBank by following our step-by-step buying guide. We provide detailed instructions and video tutorials showing how to register on LBank and use various convenient payment options.

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