$1.12
-0.02%
$1.12
24h Range
$1.13
Market Cap
$10,767,686.5
Fully Diluted Valuation
$10,767,686.5
24 Hour Trading Vol
$451,609.6
Circulating Supply
9,573,151.8
Total Supply
9,573,151.8
Max Supply
∞
USDJ Price
$1.12
24h Range
$1.12 - $1.13
Percent Change 1h
-0.16%
Percent Change 24h
-0.02%
Percent Change 7d
-0.4%
All-time high
$0
All-time low
$0
1D
7D
1M
1Y
All
USDJ is a decentralized stablecoin built on the TRON blockchain, designed to maintain a 1:1 peg to the US Dollar (USD). Launched in 2020, USDJ operates through smart contracts, enabling users to generate and store value in a stable digital currency. It is primarily used within the TRON ecosystem, facilitating transactions and providing a stable medium for trading and storing assets. As of 2024, USDJ maintains its peg by being backed by TRC-20 assets deposited into the system, allowing users to mint USDJ against a collateralized position.
USDJ was developed by the team behind JustStable, which is part of the larger Just Foundation ecosystem. The founders of USDJ include key figures in the TRON community, such as Justin Sun, the founder of TRON, and other blockchain developers and entrepreneurs who aimed to create a stablecoin that could integrate seamlessly with TRON’s decentralized applications (dApps) and provide users with a reliable digital asset.
USDJ operates through a collateralized debt position (CDP) system. Users can lock TRC-20 tokens as collateral in smart contracts to mint USDJ. The process involves the following steps:
To ensure the safety of your USDJ tokens, consider the following best practices:
Investing in USDJ (USDJ) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy USDJ: Once your account is funded, you can purchase USDJ directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in USDJ using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
USDJ (USDJ) is currently trading at $1.12 and exhibits good potential for future growth. Check the latest USDJ (USDJ) price prediction.
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