Nick Chong · 3 days ago · 2 min read · Insights via Grayscale Investments
USDJ JUST Stablecoin
Market Cap $4,219,621
24 Volume $64,454
Circulating Supply 4,224,275 USDJ
Total Supply 4,224,275 USDJ
USDJ is a stablecoin of TRON. It’s generated through decentralized smart contracts on the TRON network. Anyone can pledge TRX as collateral to generate USDJ. USDJ enters into free circulation as any other cryptocurrency does once generated. It is pegged to the US dollar through Collateralized Debt Positions (CDPs), and also has autonomous feedback mechanisms.