Dear users,
JustLend DAO has suspended the Supply and Borrow of USDC Market. During the suspension, users can still repay and withdraw the USDC as normal.
In response to Circle’s recent announcement to discontinue support for USDC on the TRON blockchain, JustLend DAO recognized the profound impact this decision may have on the USDC market within our platform. As one of the important assets on the TRON network, the termination of support for USDC by Circle may cause potential price volatility risks for USDC holders on our market. To proactively address the risk, JustLend DAO has suspended the borrow and supply functions for the USDC market. This measure is also taken to ensure the safety of user assets and maintain the healthy and stable development of our platform.
Meanwhile, users supplying or holding USDC are urged to pay close attention to follow-up announcements for the USDC market’s adjustment strategies. Again, we encourage users to repay and withdraw the USDC, and convert your USDC to USD or an appropriate token at Circle or any other supported institution as soon as possible.
Thank you for your support!
JustLend DAO
Sep 5, 2024 (Singapore time)