JUST announced the follow-up handling plan for the USDJ clearance, closing all assets at a 1:1 rigid exchange for USDT

According to the official announcement, the USDJ system was officially shut down on November 17, 2025, at 21:50 Singapore time. Before the shutdown, all user assets were rigidly redeemed for USDT at a 1:1 ratio. For USDJ and TRX that were not processed in time, three channels are now open:

• USDJ holders can exchange for USDT at a 1:1 ratio through the official platform or HTX;
• TRX CDP users can redeem at a unit price of 0.2914 USDT;
• USDJ obtained after the shutdown will be converted into a decentralized TRX exchange contract, redeemable for TRX at a fixed exchange rate of 1:1.55, which is unrelated to the value of the settlement.

The collateral assets that were not withdrawn before the system shutdown have been officially transferred to a designated contract address for safekeeping and publicly disclosed in the JustLend reserve address to ensure the safety and integrity of user assets.