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- 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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JUST DAO: The orderly transition plan for USDJ will be launched on May 16.
BlockBeats news, on May 16, according to official information, JUST DAO announced that in order to better respond to the development trend of the stablecoin market, the Juststable team will launch an orderly transition plan (Sunset Plan) for USDJ starting from May 16, 2025. The main arrangements are as follows: from May 16, the new deposit and loan functions for USDJ will be suspended; the USDJ collateral factor will be gradually reduced, and users are advised to promptly replace USDJ with other supported assets (such as USDD, USDT, etc.); during the transition period (until August 31), the liquidity and exchange channels for USDJ on major DEXs (such as SunSwap) will continue to be maintained.