USDJ is a TRON-based stablecoin pegged to the US dollar, generated by collateralizing TRX through smart contracts and CDPs.
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USDJ is a newly created currency on the TRON network, established through decentralized smart contracts. Anyone can stake TRX as collateral to generate USDJ. Once issued, USDJ circulates freely like other cryptocurrencies. It maintains its peg to the US dollar via Collateralized Debt Positions (CDPs) and autonomous feedback mechanisms.
As of now, USDJ is trading at 1.134417 USD, with a 24-hour trading volume of approximately 161.02K USD. The USDJ to USD price is updated in real time. Over the past 24 hours, USDJ has decreased by 0.1%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 10.96M USD. Currently, there are 9 665 456.387099 USDJ in circulation out of a maximum supply of 9 665 456.387099 USDJ.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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