USDJ Ceases Operations as JUST DAO Adopts Fixed 1 USDJ = 1.5532 TRX Exchange Rate

COINOTAG News reported on JUST DAO’s update released on November 18, announcing a suspension of USDJ operations and a formal transition plan. The notice states that USDJ has ceased ongoing activities as part of a strategic realignment in the stablecoin ecosystem, reflecting governance decisions from the JUST DAO treasury.

The former stablecoin framework has migrated to a fixed exchange-rate model pegged to TRX, with a stated conversion of 1 USDJ = 1.5532 TRX, per the transition directive. This structural shift aims to streamline liquidity design and establish a defined valuation path within the TRX-based settlement layer.

Market participants should consult official JUST DAO disclosures for operational specifics and risk considerations. This update highlights governance-driven changes in stablecoin design and peg mechanics within the broader crypto funding landscape.