The post Jupiter teams up with Ethena to launch Solana stablecoin JupUSD appeared on BitcoinEthereumNews.com. 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. Ethena, a protocol known for developing yield-bearing stablecoin mechanisms, has partnered with Jupiter, a Solana-based decentralized exchange aggregator, to launch JupUSD, a native stablecoin on Solana. The collaboration expands decentralized finance options on Solana, which has seen similar yield-bearing stablecoin products launch recently. Solstice Finance recently launched USX, a stablecoin designed to offer permissionless access to institutional-grade delta-neutral yields. Jupiter has been expanding beyond its core aggregator services into liquid staking tokens and institutional integrations. Its native token, JUP, underpins a 21Shares exchange-traded product (ETP) in Europe, providing institutional investors with regulated access to the Jupiter ecosystem. Source: https://cryptobriefing.com/ethena-jupiter-launch-solana-stablecoin-jupusd/The post Jupiter teams up with Ethena to launch Solana stablecoin JupUSD appeared on BitcoinEthereumNews.com. 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. Ethena, a protocol known for developing yield-bearing stablecoin mechanisms, has partnered with Jupiter, a Solana-based decentralized exchange aggregator, to launch JupUSD, a native stablecoin on Solana. The collaboration expands decentralized finance options on Solana, which has seen similar yield-bearing stablecoin products launch recently. Solstice Finance recently launched USX, a stablecoin designed to offer permissionless access to institutional-grade delta-neutral yields. Jupiter has been expanding beyond its core aggregator services into liquid staking tokens and institutional integrations. Its native token, JUP, underpins a 21Shares exchange-traded product (ETP) in Europe, providing institutional investors with regulated access to the Jupiter ecosystem. Source: https://cryptobriefing.com/ethena-jupiter-launch-solana-stablecoin-jupusd/