JustLend DAO announced on June 21 that its lending platform now supports the U stablecoin, a TRC‑20 token pegged 1:1 to the U.S. dollar, allowing users to supply and borrow the asset directly.
Platform Expansion
The protocol added U as a collateralizable market on June 20, 2026 (Singapore time) following a governance proposal that set the lending parameters and interest‑rate framework. United Stables issues U, maintaining its peg through fully backed reserves, and markets it for digital commerce, machine‑to‑machine transactions, and AI‑driven financial services on the TRON blockchain.
Market Parameters
JustLend DAO launched the U market with a 0 % collateral factor, meaning borrowers cannot use U itself as collateral, and a 10 % reserve factor to protect liquidity. The platform introduced a jumping interest‑rate model that accelerates borrowing costs once utilization exceeds 80 %.
Borrowing and Supplying Rates
Under the model, the borrow APY climbs to 5 % at 80 % utilization, spikes to 42.5 % at 90 % utilization, and reaches 80 % when the market is fully utilized. Supply APY follows a similar curve, rising from 3.6 % at 80 % utilization to 34.43 % at 90 % and peaking at 72 % at full utilization.