In the whitepaper, USDJ is described as a a USD-pegged cryptocurrency backed by collateral assets, generated through decentralized smart contracts on the TRON network. "Anyone can pledge TRX as collateral to generate USDJ." It is reportedly pegged to the US dollar through Collateralized Debt Positions (CDPs), and has autonomous feedback mechanisms.
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USDJ is not audited by CertiK.
The information about this project is gathered from third parties sources, and CertiK does not guarantee the accuracy of the information. Conduct your own due diligence before deciding to use any info listed at this page.