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USDJ withdraw maintenance for more than 1 year!!!
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tldr; TRON MainNet, founded by Justin Sun in 2017, has celebrated its fifth anniversary and is now the preferred global blockchain with the most daily active users, transactions, and largest circulation of USDT. TRON has established a robust commerce infrastructure via partnerships across the industry and has become the global stablecoin highway for USDT, USDC, TUSD, USDJ, and USDD. TRON aims to elevate its on-chain stablecoin market cap to $100B in 2023 and strives to become the preferred choice for stablecoin users around the world. In October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, and seven TRON-based utility tokens were granted statutory status as authorized digital currencies for use in everyday commerce there. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Is this related to USDC's circle? USDJ?
"The number of transactions that a PSM can offer is limited by the Swap Limit and the number of stablecoins available in the liquidity pool. If PSM has reached the exchange limit, it cannot offer USDT/USDC/TUSD/USDJ → USDD exchange transactions. Likewise, if there is not enough USDT/USDC/TUSD/USDJ in the PSM, then the PSM cannot complete the USDD → USDT/USDC/TUSD/USDJ exchange.". https://docs.usdd.io/psm/the-psm It seems like the original poster encountered some of these safe guards they have in place until they work out having the right amount of liquidity.
Justin Sun’s stablecoin, USDJ, is looking a hell of lot stronger compared to the likes of USDD, USDN or even GUSD
The stupidest crypto news article headline of the day [USDJ Falls 0%, Underperforms the Crypto Market Tuesday](https://www.investorsobserver.com/news/crypto-update/usdj-usdj-falls-0-underperforms-the-crypto-market-tuesday)
Interesting, aUSD sounds more like USDJ which is collateralized directly by TRX and you have to maintain a personal CDP ratio or else get liquidated. USDD seems more or a collateralized en mass with arbitrage being the balancer.
But in the whitepaper of USDJ it literally says: By the JUST Team Defillama also lists USDJ as Trons Stablecoin: https://defillama.com/chain/Tron
USDD is Tron's stable coin. idk whats USDJ is. its marketcap is only 14m$ so becareful. it looks like its one of stable coins on Tron network. There are many stable coins on each network though.
USDD? I thought USDJ was Trons stable coin: https://coinmarketcap.com/currencies/usdj/ Can someone clarify this for me?
USDD? I thought Trons stable is USDJ..
You do realize the TRON blockchain has 5 stables currently, USDT, USDC, TUSD, USDJ and USDD. Wether you like it or not TRON has grown to a versatile blockchain with many features for their users. I know were all gambling here, but I dont get the tribalism towards other projects. I'm getting downvoted into oblivion when I try to talk about TRON yet many other things that dropped way further or dont have anything to show for are being shilled. Nothing is writen in stone and we're all here for the same reasons, with a common enemy
USDC is also an option on TRON, it has 5 stable currencies atm. USDT, USDC, TUSD, USDJ and USDD, also the BitTorrent Bridge allowes you to bridge from TRON to BSC or ETH
OIC, that USDD is some new Terra clone. USDJ is what I had in my head.
Let me tell you why tron is better than 99% of the other cryptocurrencies out there. Firstly, tron has a LOT of users. There isn't much 'hype' as you say, because if there was, no other crypto would match up to tron. The main thing about tron blockchain is that it is undervalued. Yes, the developer documentations and opportunities on tron right now aren't great, but that is only because most people build on blockchains like ethereum. Tron gives you a number of free transactions. They don't have a specific number, but TRX and TRC-10 tokens take something known as bandwidth. You're given 5000 bandwidth, replenishing over 24 hours. This allows you to transfer values as low as 1 sun (10\^-6 trx) without any transaction fees whatsoever. Just like ethereum, TRC20 tokens, however are based on smart contracts. Even this can be made free by freezing. Freezing TRX allows you to gain resources, either bandwidth or energy currently. You can get energy, and triggering smart contracts for anything will take energy and bandwidth. So if you have enough trx, you can freeze, or buy energy for free or cheaper transactions. Plus with the low value of tron, this amount is almost non existent. A normal transfer on eth or btc can cost a few dollars, or even more. Tron supports smart contracts, like ethereum. Tron is faster (approximate block verification time is 1.5 mins according to my experience) which makes the transactions almost instant. This speed and low transaction fees cannot be seen in most crypto currencies. And the one's who do have this, they don't have smart contracts. As for the future growth, tron has just launched the TRC721 (NFT) token, just like ERC721 (NFT). Apart from this, you mentioned that " it doesnt matter if you have a scarce token when it cannot do much.", but many exchanges have started taking tron natively. And with the price increase, it is very possible that it might catch the eye of more of these exchanges and payment gateways. ​ I completely disagree that the price increase is because of 'hype' in the community, but because tron is starting to gain the recognition it truly deserves Here is a list of other achievements: \- Decentralized storage #BTFS https://BitTorrent.com/btfs \- Decentralized live stream https://Dlive.org and https://Dlive.tv \- Faster downloads using torrents https://Bittorrent.com/speed \- Smart Contracts compatible with EVM \- 19 Billion in stablecoin #USDT \- Decentralized stablecoin #USDJ just.tronscan.org \- DEX like https://JustSwap.org with wrapped tokens as BTC, ETH, LTC, USDT and more coming \- Lending platforms https://Justlend.org \- TRONtv on development \- Partnership with Samsung, you can use DApps and TRON tokens in the native app of Samsung \- Partnership with Huawei to integrate BitTorrent applications in their phones \- Partnership with Opera Browser \- Oracles https://JustLink.io \- Privacy features Zk-SNARKs https://zkWrapper.io \- 2000 TPS, free transactions \- DApps, Blockchain games \- Non Fungible Tokens NFT https://developers.tron.network/docs/trc-721 \- Side Chains and unlimited scalability https://tron.network/sunnetwork Comming for 2021 roadmap and discussions: \- ParaChains https://github.com/tronprotocol/tips/issues/243 \- CrossChain https://github.com/tronprotocol/tips/issues/246 \- TRON Hybrid consensus：https://github.com/tronprotocol/tips/issues/247 \- SPV on TRON：https://github.com/tronprotocol/tips/issues/248 \- Block header synchronization: https://github.com/tronprotocol/tips/issues/251 \- Cross-Chain connection: https://github.com/tronprotocol/tips/issues/252
You need a TronLink wallet (or Klever wallet). To buy USTX you need USDT (TRC20) (or USDC, USDJ or even TUSD) and some TRX to pay the blockchain fees. It's that easy
Actually most stablecoins are already on Tron, that is one of the lowest cost chains available. In TRC20 you can find USDT, USDC, USDJ and TUSD.
Use TronLink official Wallet from Playstore or App Store for iOS. Also available as add on for chrome/Brave browser. With it you can store any TRC10 or TRc20 token and has a dapp browser built in. Tron just launched a swap page where you can trade between USDT, USDJ and TrueUSD - it’s available at sun.io and you can browse it in the app browser on TronLink wallet.
It'd be great if I could trade it there too. I haven't found anywhere that let's me trade to USDJ
USDJ can be stored in Trust wallet
Not my comment, but I copied and pasted it. Let me tell you why tron is better than 99% of the other cryptocurrencies out there. Firstly, tron has a LOT of users. There isn't much 'hype' as you say, because if there was, no other crypto would match up to tron. The main thing about tron blockchain is that it is undervalued. Yes, the developer documentations and opportunities on tron right now aren't great, but that is only because most people build on blockchains like ethereum. Tron gives you a number of free transactions. They don't have a specific number, but TRX and TRC-10 tokens take something known as bandwidth. You're given 5000 bandwidth, replenishing over 24 hours. This allows you to transfer values as low as 1 sun (10^-6 trx) without any transaction fees whatsoever. Just like ethereum, TRC20 tokens, however are based on smart contracts. Even this can be made free by freezing. Freezing TRX allows you to gain resources, either bandwidth or energy currently. You can get energy, and triggering smart contracts for anything will take energy and bandwidth. So if you have enough trx, you can freeze, or buy energy for free or cheaper transactions. Plus with the low value of tron, this amount is almost non existent. A normal transfer on eth or btc can cost a few dollars, or even more. Tron supports smart contracts, like ethereum. Tron is faster (approximate block verification time is 1.5 mins according to my experience) which makes the transactions almost instant. This speed and low transaction fees cannot be seen in most crypto currencies. And the one's who do have this, they don't have smart contracts. As for the future growth, tron has just launched the TRC721 (NFT) token, just like ERC721 (NFT). Apart from this, you mentioned that " it doesnt matter if you have a scarce token when it cannot do much.", but many exchanges have started taking tron natively. And with the price increase, it is very possible that it might catch the eye of more of these exchanges and payment gateways. I completely disagree that the price increase is because of 'hype' in the community, but because tron is starting to gain the recognition it truly deserves Here is a list of other achievements: - Decentralized storage #BTFS https://BitTorrent.com/btfs - Decentralized live stream https://Dlive.org and https://Dlive.tv - Faster downloads using torrents https://Bittorrent.com/speed - Smart Contracts compatible with EVM - 19 Billion in stablecoin #USDT - Decentralized stablecoin #USDJ just.tronscan.org - DEX like https://JustSwap.org with wrapped tokens as BTC, ETH, LTC, USDT and more coming - Lending platforms https://Justlend.org - TRONtv on development - Partnership with Samsung, you can use DApps and TRON tokens in the native app of Samsung - Partnership with Huawei to integrate BitTorrent applications in their phones - Partnership with Opera Browser - Oracles https://JustLink.io - Privacy features Zk-SNARKs https://zkWrapper.io - 2000 TPS, free transactions - DApps, Blockchain games - Non Fungible Tokens NFT https://developers.tron.network/docs/trc-721 - Side Chains and unlimited scalability https://tron.network/sunnetwork Comming for 2021 roadmap and discussions: - ParaChains https://github.com/tronprotocol/tips/issues/243 - CrossChain https://github.com/tronprotocol/tips/issues/246 - TRON Hybrid consensus：https://github.com/tronprotocol/tips/issues/247 - SPV on TRON：https://github.com/tronprotocol/tips/issues/248 - Block header synchronization: https://github.com/tronprotocol/tips/issues/251 - Cross-Chain connection: https://github.com/tronprotocol/tips/issues/252
Achievements: - Decentralized storage #BTFS https://BitTorrent.com/btfs - Decentralized live stream https://Dlive.org and https://Dlive.tv - Faster downloads using torrents https://Bittorrent.com/speed - Smart Contracts compatible with EVM - 19 Billion in stablecoin #USDT - Decentralized stablecoin #USDJ just.tronscan.org - DEX like https://JustSwap.org with cross chain tokens as BTC, ETH, LTC, USDT and more coming - Lending platforms https://Justlend.org - TRONtv on development - Partnership with Samsung, you can use DApps and TRON tokens in the native app of Samsung - Partnership with Huawei to integrate BitTorrent applications in their phones - Partnership with Opera Browser - Oracles https://JustLink.io - Privacy features Zk-SNARKs https://zkWrapper.io - 2000 TPS, free transactions - DAps, Blockchain games - Non Fungible Tokens NFT https://developers.tron.network/docs/trc-721 - Side Chains and unlimited scalability https://tron.network/sunnetwork Comming for 2021 roadmap and discussions: - ParaChains https://github.com/tronprotocol/tips/issues/243 - CrossChain https://github.com/tronprotocol/tips/issues/246 - TRON Hybrid consensus：https://github.com/tronprotocol/tips/issues/247 - SPV on TRON：https://github.com/tronprotocol/tips/issues/248 - Block header synchronization: https://github.com/tronprotocol/tips/issues/251 - Cross-Chain connection: https://github.com/tronprotocol/tips/issues/252
Hype? You have half brain. Other projects pumped because the hype, not in #TRON case Achievements: - Decentralized storage #BTFS https://BitTorrent.com/btfs - Decentralized live stream https://Dlive.org and https://Dlive.tv - Faster downloads using torrents https://Bittorrent.com/speed - Smart Contracts compatible with EVM - 19 Billion in stablecoin #USDT - Decentralized stablecoin #USDJ just.tronscan.org - DEX like https://JustSwap.org with cross chain tokens as BTC, ETH, LTC, USDT and more coming - Lending platforms https://Justlend.org - TRONtv on development - Partnership with Samsung, you can use DApps and TRON tokens in the native app of Samsung - Partnership with Huawei to integrate BitTorrent applications in their phones - Partnership with Opera Browser - Oracles https://JustLink.io - Privacy features Zk-SNARKs https://zkWrapper.io - 2000 TPS, free transactions - DAps, Blockchain games - Non Fungible Tokens NFT https://developers.tron.network/docs/trc-721 - Side Chains and unlimited scalability https://tron.network/sunnetwork Comming for 2021 roadmap and discussions: - ParaChains https://github.com/tronprotocol/tips/issues/243 - CrossChain https://github.com/tronprotocol/tips/issues/246 - TRON Hybrid consensus：https://github.com/tronprotocol/tips/issues/247 - SPV on TRON：https://github.com/tronprotocol/tips/issues/248 - Block header synchronization: https://github.com/tronprotocol/tips/issues/251 - Cross-Chain connection: https://github.com/tronprotocol/tips/issues/252