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Jupiter, a DeFi aggregator built on Solana, is working with Ethena Labs to roll out its own stablecoin called JupUSD. The launch is scheduled for the fourth quarter of 2025, and it is not being treated like a side feature. Jupiter plans to make JupUSD a core part of how its platform works, tying it … Read more
Key Takeaways Ethena and Jupiter team up to launch JupUSD, a yield-bearing stablecoin, on Solana. Jupiter will progressively convert around $750 million in USDC from its Liquidity Provider Pool into JupUSD after launch in Q4 2025. Share this article Ethena, a protocol known for developing yield-bearing stablecoin mechanisms, has partnered with Jupiter, a Solana-based decentralized … Read more
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