JupUSD jupusd

Rank #425 · Stablecoins, USD Stablecoin, Solana Ecosystem

What is JupUSD?

JupUSD is a Solana-native stablecoin launched by Jupiter in partnership with Ethena Labs. It is issued using Ethena Labs’ Stablecoin-as-a-Service infrastructure and is backed by reserve assets held in institutional custody. At launch, reserves consist of USDC and Ethena’s USDtb.