JUST announces the follow-up handling plan for USDJ liquidation, with a 1:1 rigid repayment for users before closure.

According to the official announcement, the USDJ system was officially shut down on November 17, 2025, at 21:50 Singapore time. All user assets before closure will be rigidly repaid at a 1:1 ratio for USDT. 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 closure will be converted to a decentralized TRX exchange contract, exchanged for TRX at a fixed rate of 1:1.55, which is not related to the value of the liquidation. The collateral assets that were not withdrawn before the system closure have been officially transferred to a designated contract address for safekeeping and publicly disclosed at the JustLend reserve address to ensure the safety and integrity of user assets.

Original link: https://x.com/DeFi_JUST/status/1990713518799401435