USDJ officially launches Sunset Plan, with plans to gradually and orderly exit

Odaily Planet Daily News: According to official information, USDJ has officially launched the "Sunset Plan" and plans to complete all transition work for exiting the market before August 31, 2025. This decision aims to follow the development trend of the DeFi industry, optimize resource allocation, and gradually shift the focus to more efficient new generation stablecoins such as USDD in the TRON ecosystem. Starting from May 16th, JustLend DAO will temporarily suspend the deposit and lending functions for new USDJ, and existing positions will not be affected. The platform will also gradually lower the USDJ mortgage rate at its discretion. It is recommended that relevant users pay attention to and adjust their asset structure in a timely manner to avoid potential liquidation risks. During the transition period, the official commitment will continue to maintain the liquidity of USDJ on mainstream DEX (such as SunSwap) and provide convenient asset exchange channels such as USDD and USDT. J