Jupiter Launches Stablecoin Backed by Blackrock Reserves

Jupiter introduces JupUSD, a reserve‑backed stablecoin pegged to the US greenback, with institutional custody and open‑supply audits. Jupiter introduced the launch of JupUSD, a US‑greenback‑pegged stablecoin constructed with Ethena Labs and secured by a 90% reserve in USDtb, a GENIUS‑compliant token collateralized by Blackrock’s BUIDL Fund, plus a ten% USDC liquidity buffer. The token is […]



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