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USDJ

USDJ (USDJ) Tron20

Rating3.8
  • Coin: USDJ (USDJ)
  • Launch Date: 2020-04-14
  • Address: TMwFHYXLJaRUPeW6421aqXL4ZEzPRFGkGT
  • Platform: Tron20
  • Website: just.network
  • Explorers: tronscan.org, www.trxplorer.io
  • Tags: Stablecoin
  • Reddit:
  • Facebook:
  • Twitter: DeFi_JUST
  • Ranking: 3981
  • Rating: 3.8
  • # 332

In the whitepaper, USDJ is described as a USD-pegged stablecoin backed by collateral assets, generated through decentralized smart contracts on the TRON network. "Anyone can pledge TRX as collateral to generate USDJ." It is reportedly pegged to the US dollar through Collateralized Debt Positions (CDPs), and has autonomous feedback mechanisms. The vision behind USDJ is to make it an integral piece of the DeFi ecosystem on TRON.
USDJ is part of the JUST DeFi ecosystem on Tron, which consists of JustStable and the JustLend DAO.