JUST DAO Ends USDJ Stablecoin, Redemption Fixed at 1.5532 TRX

JUST DAO has officially retired USDJ, marking the end of one of TRON’s earliest algorithmic stablecoin experiments. The team confirmed that USDJ will no longer circulate and will operate under a new fixed-rate exchange model tied directly to TRX. The redemption rate is now set at 1 USDJ = 1.5532 TRX, which is roughly $0.45 at current prices. This shift brings a final closure to the five-and-a-half-year lifespan of the stablecoin. It signals TRON’s focus on newer DeFi models going forward.

USDJ Shuts Down After Five Years

USDJ launched in early 2020 as TRON’s first algorithmic, overcollateralized stablecoin, mirroring MakerDAO’s DAI system. It briefly reached a $300 million market cap during the DeFi boom. It became an important pillar of TRON’s early decentralized finance ecosystem. However, the stablecoin struggled with liquidity in recent years. Especially as TRON shifted attention toward USDD and USDT integrations.

JUST DAO previously outlined a gradual sunset plan that began earlier this year. Core functions like minting and redemption through CDP positions ended on August 31, 2025. Liquidations were later extended to September 30 to give users more time to unwind their positions. Since then, USDJ has been operating without liquidity support and has floated below its $1 peg.

New Fixed Exchange Model Replaces Stablecoin System

The latest update removes the remaining uncertainty around USDJ’s fate. JUST DAO confirmed that a fixed-rate financial model anchored to TRX has replaced the stablecoin system entirely. This means that they no longer design USDJ to track the U.S. dollar. Instead, holders can redeem their tokens at the fixed ratio announced today. JUST DAO noted that the decision was made to provide clarity. It prevents further confusion as USDJ drifted away from its original peg. The fixed rate also serves as a clean transition point for long-time USDJ users. Who continued holding the token after its functionality sunset.

Why TRON Is Moving On

TRON has been shifting its DeFi strategy for two years, prioritizing USDD, USDT and third-party stablecoin integrations. TRON’s ecosystem today is far larger and more diversified than it was when USDJ launched. Thus, maintaining a separate native stablecoin no longer aligns with the network’s long-term vision. Developers also highlighted security and stability concerns around legacy CDP systems. The new approach allows TRON to close older mechanisms. While focusing on tools designed for a more modern DeFi landscape.

Community Reflects on the End of an Era

Many long-time TRON users see USDJ’s sunset as symbolic. It was one of the network’s earliest major DeFi projects. Its end marks a transition toward more mature, liquidity-backed financial tools. Community reactions have been mixed. Some welcomed the clarity, while others expressed nostalgia for a token that played a key role in TRON’s early growth. JUST DAO thanked the community for its support and promised more innovative products ahead. As TRON continues expanding its DeFi footprint. USDJ’s closure clears the path for new protocols and more scalable financial models.