🔷 Jupiter announces the launch of Stablecoin JupUSD in collaboration with Ethena Labs @JupiterExchange, the leading DEX on Solana, officially announces plans to issue the stablecoin JupUSD, expected to launch in mid Q4/2025 through a strategic partnership with Ethena Labs. 🔥JupUSD will be 100% backed by USDtb from @ethena_labs - a token backed by short-term U.S. Treasury bonds. Later, USDe will also be added to the collateral asset pool to optimize returns. JupUSD will be deeply integrated into Jupiter Perps (collateral), Jupiter Lend (liquidity), and Swap/Pro/Mobile products. Approximately $750M of current stablecoins in the liquidity pool will gradually be replaced by JupUSD. 🎯See detailed applications of JupUSD:
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