Review on USDJ by jesus ruiz
USDJ, the TRON stablecoin.
Today I will talk about USDJ, a stablecoin cryptocurrency with TRON technology, very well developed with precise characteristics of how a digital currency should work.
The USDJ stablecoin, applies security protocols and DeFi based on secure algorithms which guarantees data protection, as well as great support in terms of services provided and a clear vision of how financial solutions should be and how they should be developed in the markets.
Most of USDJ's services are 100% decentralized and has reliable features that allow it to be used, anywhere, anytime.
USDJ uses TRX as collateral, thanks to the system of openings and collateral called CDP, this way you can receive TRX in exchange for the USDJ stablecoin.
The supply of USDJ is currently close to 10 thousand USDJ and so currently there are about 10 thousand USD, distributed on 25 accounts.
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Pros
- Ensures users full market liquidity
- USDJ is available on 14 exchanges, and it is paired with all major cryptocurrencies
- Has good market capitalization of about 11 million USD, with daily volumes of up to 2.3 million USD
- Its value as a currency is close to $1, which makes it very reliable
Cons
- It does not have mobile apps, nor Wallet
