Key Notes

The collaboration aims to strengthen Jupiter's product ecosystem while reducing cross-blockchain friction for users.

Ethena's USDe has reached nearly $15 billion in market cap, representing five percent of the total stablecoin market.

Industry executives predict substantial stablecoin market expansion driven by favorable regulatory developments and institutional interest.

Ethena Labs, a decentralized protocol, and Jupiter, a decentralized exchange (DEX) aggregator built on the Solana blockchain , announced the upcoming launch of JupUSD, a Solana-native stablecoin backed by USDtb.

JupUSD is currently under development and is slated to launch towards the end of 2025 or beginning of 2026. According to a post on X from Ethena Labs, it “is expected to be live in the coming mont

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