Sun Yuchen: We have repurchased over 95% of the USDJ supply at a premium, and currently only about 200,000 USDJ remains in the market.According to Mars Finance, Sun Yuchen announced that the USDJ clearance will proceed according to the principle of 100% 1:1 rigid redemption for users before the snapshot. USDJ, as a decentralized stablecoin on the TRON network, is an older version of the SAI project, which has been officially cleared for over a year, and over 95% of USDJ has been recovered at a price higher than 1. Currently, there is only about 200,000 USD left in the market, which will also be permanently exchanged at 1:1 to ensure asset security for users. Sun Yuchen stated that USDJ will serve as a decentralized TRX exchange contract in the future, with the bottom line during the clearance being to ensure that all users do not incur losses. The system will close at 22:00 Beijing time on November 17, and the final valuation of USDJ will be 1.55 TRX, which will fluctuate with TRX prices in the future but is unrelated to the actual clearance value for users. He explained that the reason for the clearance is due to the technological upgrade of centralized stablecoins, as the USDJ code is too outdated, and the team plans to focus.
MarsBitNews·2025-11-18 08:20