J1USD is USD-referenced: one J1USD is intended as a stable unit of account around one US dollar. Intention is not a lock. Traders, listings, and shippers should read the J1USD/USDC market rather than assume a hard peg.
How the $1 target is maintained
- Role-controlled mint and burn on the J1USD token, under an on-chain supply ceiling
- Public price discovery primarily on J1USD/USDC
- Operational ability to add or reduce liquidity under published admin roles
- No advertised unrestricted retail redeem-for-fiat window
If J1USD trades above or below $1
Above $1, authorized issuance and sell-side liquidity can lean the market back — they are not an obligation to any holder. Below $1, burns, buy-side liquidity, or simply time and flow may narrow the gap — again not a promise. AirJIT shipment invoices remain in J1USD units even if the USDC market prints 0.98 or 1.03.
What this means for users
If you fund a 100 J1USD hold, you are locking 100 J1USD, not “$100 wired from a bank.” If you need dollars in a bank account, you must use your own off-ramp after swapping — AirJIT help does not operate that cash window.
FAQ
- Is J1USD equal to $1?
- J1USD targets a USD reference. Market price can trade above or below $1. This is not a guaranteed peg.
- How is the $1 target maintained?
- Issuance is role-controlled and bounded by a supply ceiling. J1USD/USDC is the public USD-reference market. AirJIT may mint, burn, or adjust liquidity under published roles. There is no advertised public 1:1 fiat window.
- Can I redeem J1USD with AirJIT for dollars?
- No public retail redemption facility is advertised. Use listed J1USD markets and verify the official contract.
- What happens if J1USD trades away from $1?
- The public price is whatever the market prints, especially J1USD/USDC. Thin books, issuance delays, or risk headlines can widen the gap. Treat that as market and operational risk.