USDJ
USDJ
$1.105
1.60 %
USDJ Whitepaper
Published4/14/2020
Last UpdatedJanuary 2023
Page22
Verified
In the whitepaper, USDJ is described as a a USD-pegged cryptocurrency backed by collateral assets, generated through decentralized smart contracts on the TRON network. "Anyone can pledge TRX as collateral to generate USDJ." It is reportedly pegged to the US dollar through Collateralized Debt Positions (CDPs), and has autonomous feedback mechanisms.

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