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Justin Sun Confirms 1:1 USDJ Redemption Before Token Retirement

USDJ closed on Nov. 17, 2025, with specific redemption and collateral options provided for remaining holders during the token’s wind-down.

USDT
TRX
USDD

Summary

The USDJ system officially closed on Nov. 17, 2025 at 21:50 SGT, leaving 448,000 unsold USDJ and 1.395 million TRX in collateral. Redemption options include a 1:1 USDJ to USDT swap, TRX CDP redemption at a rate of 0.2914 USDT per TRX, and USDJ to TRX conversions at a fixed rate of 1:1.5532 after closure. The shutdown marks the conclusion of USDJ’s operations, with emphasis shifting toward the USDD stablecoin.

Terms & Concepts
  • USDJ: A TRON-based algorithmic stablecoin pegged to the U.S. dollar, now being retired.
  • TRX: The native cryptocurrency of the TRON blockchain, used for transactions and smart contracts.
  • USDD: A decentralized algorithmic stablecoin on the TRON blockchain, serving as the successor to USDJ.