Jupiter: Will explore more stablecoin use cases, JupUSD focuses on security, inclusiveness, and transparency

The Solana ecosystem DEX Jupiter announced on the X platform that the initial intention of launching the stablecoin JupUSD is to focus on security, inclusiveness, and transparency. Currently, JupUSD is still in the early stages and will continue to develop within the project and the ecosystem:

1. JupUSD will actively return native treasury earnings to the ecosystem;

2. The JupUSD reserves are supported by 90% BlackRock BUIDL fund and 10% USDC;

3. Providing JupUSD on Jupiter Lend will earn native treasury earnings;

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

5. Jupiter will seek more stablecoin use cases, integrations, and partnerships to enhance JupUSD.