Jupiter: JupUSD Focuses on security, inclusiveness, and transparency, and will explore more use cases for stablecoins.

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Deep Tide TechFlow News, January 17, - Solana ecosystem DEX Jupiter posted on X platform stating that the launch of the stablecoin JupUSD is focused on security, inclusiveness, and transparency. Currently, JupUSD remains in the early stages and will continue to be developed within the project and ecosystem:

  1. JupUSD will proactively return native treasury yields to the ecosystem.

  2. The JupUSD reserve is supported by 90% BlackRock BUIDL Fund and 10% USDC.

  3. Providing JupUSD on Jupiter Lend allows users to earn native treasury yields.

  4. Yield-bearing asset jlJupUSD, like JLP, can be used as a core composable trading token and DeFi foundational module.

  5. Jupiter will seek more stablecoin use cases, integrations, and collaborations with partners to enhance JupUSD.

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