Built in partnership with Ethena Labs, $JupUSD aims to provide a reliable, scalable, and deeply integrated stablecoin for all Jupiter products.

The launch for $JupUSD is set for Q4-2025, marking a major milestone for the ecosystem.

Deep Integration Across the Jupiverse

$JupUSD is designed to work seamlessly across Jupiter’s growing suite of products. Users will be able to use it as collateral on Jupiter Perps. Also, provide liquidity in Jupiter Lend, and trade directly on Swap, Pro, and Mobile. Jupiter is also planning to integrate $JupUSD into upcoming products. This will create a unified digital dollar experience across the ecosystem.

Ethena Labs, the team behind $JupUSD, brings a proven track record in stablecoins. They have minted over 16 billion dollars in stablecoins and have earned a reputation for reliability and best-in-class engineering.

This partnership ensures that $JupUSD will not only maintain price stability but also integrate smoothly with the Solana blockchain. This will leverage Solana-native mint-redeem contracts that are currently undergoing multiple audits ahead of the mid-Q4 launch.

At launch, $JupUSD will be fully collateralized by USDtb, a widely used digital dollar. This means each $JupUSD token will be backed 100 percent by a real asset. Over time, Jupiter plans to add USDe as collateral to optimize yield rates for users holding or deploying $JupUSD.

More About Jupiter

Jupiter Wallet for Desktop has officially arrived, setting a new standard for Solana users. This powerful wallet offers gasless trading. This will allow you to move assets without worrying about network fees. It’s deeply integrated with all Jupiter products. This will make it easy to trade, lend, and manage your crypto in one place.

Finally, advanced profit and loss analysis tools give you a clear view of your portfolio’s performance. This is while fees remain up to ten times lower than any other wallet on the market. With Jupiter Wallet, managing your Solana assets has never been faster, smarter, or more cost-effective.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies presented are the thoughts and opinions of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments; therefore, please conduct your due diligence. Copyright Altcoin Buzz Pte Ltd.

The post Jupiter Prepares to Launch $JupUSD, Its Native Stablecoin appeared first on Altcoin Buzz.

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