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Ethena collaborates with Jupiter to launch the native Solana stablecoin JupUSD

Oct 08, 2025 23:50:36

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ChainCatcher news, Ethena announced a partnership with Jupiter to launch the Solana ecosystem native stablecoin JupUSD. The token is planned to be launched in the fourth quarter. As part of the protocol, Jupiter plans to "gradually convert" approximately $750 million of USDC in its liquidity provider pool into JupUSD.

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