USDJ Ceases Stablecoin Operations, Adopts Fixed Exchange Rate
TRON is officially closing one of its longest chapters. On Tuesday, the definitive retirement of its pioneer algorithmic asset was announced by JUST DAO, confirming that the USDJ stablecoin shutdown is irreversible. Furthermore, the token will cease circulating in decentralized financial markets under its original premise.
With over five years of operations, the project is abandoning its peg mechanism to the US dollar. A new fixed exchange rate linked directly to TRX has now been implemented. According to official information, the redemption rate is set at 1 USDJ = 1.5532 TRX.
The team indicated that this equates to approximately $0.45 based on current market prices, offering remaining holders a clear exit path, albeit below the historical nominal value of one dollar.
A Strategic Pivot Toward DeFi Modernization
This is not an isolated move; on the contrary, it is the culmination of a roadmap TRON has been executing for the past two years. The network has decided to prioritize the integration of more robust and liquid assets, such as USDD and USDT, leaving legacy systems behind.
The USDJ stablecoin was born in 2020 as a mirror of MakerDAO’s DAI system. Its closure responds to the need to retire complex infrastructures based on Collateralized Debt Positions (CDP) that have lost relevance in the face of more efficient models.
The protocol’s core functions, such as minting and CDP management, had already been deactivated on August 31, 2025. Since then, the asset operated without targeted liquidity support, consistently trading below its peg. The implementation of the fixed rate seeks to eliminate uncertainty and prevent market confusion as the asset fully decouples from its original design.
Community reaction has been mixed; while some feel nostalgia for the asset that drove on-chain credit in TRON’s early days, the majority accept that the USDJ stablecoin shutdown is a necessary step toward the network’s financial maturity, clearing the ground for more scalable and secure protocols.
Important Disclaimer
The information presented in this article is for informational purposes only and should not be interpreted as investment advice. The cryptocurrency market is highly volatile and may involve significant risks. We recommend conducting your own analysis.