PANews reported on January 5th that Jupiter has officially launched its stablecoin JupUSD, a reserve-backed, USD-pegged stablecoin built on Ethena Labs technologyPANews reported on January 5th that Jupiter has officially launched its stablecoin JupUSD, a reserve-backed, USD-pegged stablecoin built on Ethena Labs technology
Jupiter officially launches its stablecoin JupUSD
PANews reported on January 5th that Jupiter has officially launched its stablecoin JupUSD, a reserve-backed, USD-pegged stablecoin built on Ethena Labs technology, "aimed at powering the next chapter of finance." Initially, 90% of its reserves will consist of the licensed, GENIUS-compliant stablecoin USDtb, secured by BlackRock's BUIDL fund, with a 10% USDC liquidity buffer. While JupUSD does not generate yield, it can be integrated with Jupiter Lend for deposits, lending, or leveraged operations, enjoying exclusive benefits. By depositing funds into Lend's yield vault, users will receive jlJupUSD and enjoy unique promotional offers, providing additional liquidity and utility for JupUSD.
Market Opportunity
USDCoin Price(USDC)
$1.0002
$1.0002$1.0002
USD
USDCoin (USDC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Unleashing A New Era Of Seller Empowerment
The post Unleashing A New Era Of Seller Empowerment appeared on BitcoinEthereumNews.com. Amazon AI Agent: Unleashing A New Era Of Seller Empowerment Skip to content Home AI News Amazon AI Agent: Unleashing a New Era of Seller Empowerment Source: https://bitcoinworld.co.in/amazon-ai-seller-tools/
Share
BitcoinEthereumNews2025/09/18 00:10
WIF Price Prediction: Targets $0.46 Breakout by February 2026
The post WIF Price Prediction: Targets $0.46 Breakout by February 2026 appeared on BitcoinEthereumNews.com. Timothy Morano Jan 16, 2026 08:57 WIF Price Prediction
Share
BitcoinEthereumNews2026/01/17 03:29
USD/JPY pressured at 158.00 as Yen gains, intervention concerns grow
The post USD/JPY pressured at 158.00 as Yen gains, intervention concerns grow appeared on BitcoinEthereumNews.com. USD/JPY trades lower around 158.00 on Friday
Share
BitcoinEthereumNews2026/01/17 03:24