usdj logo download PNG or SVG

Information about usdj

The whitepaper outlines USDJ as a stablecoin linked to the value of the US dollar. It is supported by assets used as collateral and created through decentralized smart contracts on the TRON network. Individuals have the opportunity to use TRX as collateral to generate USDJ. The stablecoin is supposedly secured to the US dollar through Collateralized Debt Positions (CDPs) and features self-regulating mechanisms. The ultimate goal of USDJ is to become an essential component of the DeFi ecosystem on TRON. USDJ is a fundamental part of the JUST DeFi ecosystem on Tron, which encompasses JustStable and the JustLend DAO.

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