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