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JUST Announces Procedures for Handling Unreturned Funds After USDJ System Shutdown

According to an official announcement, the USDJ system officially closed on November 17, 2025 at 21:50 Singapore time. To address the remaining 448,000 unsold USDJ and 1,395,000 TRX collateralized positions, three exchange channels have been announced: Users holding USDJ before the closure can exchange it for USDT at a 1:1 ratio through official channels or via the HTX platform; users holding TRX CDPs before the closure can redeem TRX at a rate of 0.2914 USDT; and USDJ acquired after the closure can be exchanged for TRX at a fixed exchange rate of 1:1.5532 through a designated link. All unclaimed collateralized assets have been transferred to the contract address published on the JustLend Reserve page.

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