According to ChainCatcher, JUST DAO announced that the collateral rate of the USDJ market on JustLend platform will be adjusted from 75% to 0%, and the reserve rate will be adjusted from 5% to 100%, effective around June 29, 2025, at 23:59. To reduce risks and ensure platform stability, the supply and lending functions of USDJ have been suspended. Market parameters are being adjusted to gradually exit the market.
It is reported that to better respond to the development trend of the stablecoin market, the Juststable team initiated an orderly transition plan (Sunset Plan) for USDJ starting from May 16, 2025.
