so why is there such a huge premium on USDJ, it's ... @officialjustlend

The USDJ stablecoin is designed to be pegged to the US dollar, meaning its value should remain close to $1. However, due to high demand for USDJ, the price has risen above its peg and is currently trading at around $1.04. This is likely due to the fact that USDJ can be borrowed via JustLend at a 75% Loan-to-Value (LTV) ratio and market rate, or minted by locking TRX at a 67% LTV and pegged to the $1 rate. As more people take advantage of these borrowing and minting options, more USDJ is entering the market, driving up its price. Therefore, it is likely that the premium on USDJ will remain high until the demand for USDJ begins to decrease.

I'am afraid it can advance further up to $1.125, as at that rate it could be equally borrowed via justlend (at 75% LTV and market rate) or minted by locking TRX (at 67% LTV and pegged to $1 rate)