USDJ Officially Launches Sunset Plan, Aims for Gradual and Orderly Exit
According to official information, USDJ has officially launched the "Sunset Plan," aiming to complete all transition work for exiting the market by August 31, 2025. This decision is intended to align with the development trends of the DeFi industry, optimize resource allocation, and gradually shift focus towards more efficient next-generation stablecoins within the TRON ecosystem, such as USDD. Starting from May 16, JustLend DAO will suspend new deposits and borrowing functions for USDJ, with existing positions remaining unaffected. The platform will also gradually lower the collateral rate for USDJ as appropriate, advising relevant users to monitor and adjust their asset structures in a timely manner to avoid potential liquidation risks. During the transition period, the official team promises to maintain USDJ's liquidity on mainstream DEXs (such as SunSwap) and provide convenient exchange channels for assets like USDD and USDT.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A $5 billion single-product emerges? JPMorgan maintains a "Neutral" rating on Amgen (AMGN.US): A good drug doesn't necessarily mean a good buying opportunity.
Amgen's Imdelltra has maintained data with an HR of 0.42, nearly doubling survival time. Morgan Stanley estimates that it will become a single product with annual sales of around 5 billions USD. However, they maintain a Neutral rating and a target price of 350 USD.
Goldman Sachs: Yen Regains "Safe Haven King" Status, Becomes Most Effective Tool to Hedge Against AI Market Shocks
Goldman Sachs stated that the Japanese yen has become a better tool for hedging against AI shocks, with policy shifts reducing the risk of depreciation. The bank recommends shorting USD/JPY and EUR/JPY.
Trump promotes the "manufacturing card" again for midterm elections: Audi to invest $4 billion in a U.S. plant, plans annual production of 200,000 SUVs
Audi plans to invest 4 billion dollars to build a factory in the United States, with an annual production capacity of 200,000 SUVs, creating 4,500 jobs. The German labor union criticized the CEO's supportive attitude as "puzzling," and the final decision will be made by the Volkswagen supervisory board.
Crypto prices
More
