On January 5th, Jupiter officially launched its stablecoin JupUSD. This reserve-backed, USD-pegged stablecoin aims to redefine finance through Ethena Labs technology.
With 90% of its reserves in USDtb, governed by BlackRock’s BUIDL fund, and a 10% USDC liquidity buffer, JupUSD is designed for stability, integrating with Jupiter Lend to facilitate various financial operations.
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