Jupiter, Ethena Labs roll out new Solana-based stablecoin

CointelegraphWednesday, October 8, 2025 at 10:22:17 PM
Jupiter, Ethena Labs roll out new Solana-based stablecoin
Jupiter, a prominent decentralized exchange aggregator on the Solana blockchain, has teamed up with Ethena Labs to launch JupUSD, a new stablecoin aimed at enhancing its ecosystem. This development is significant as it not only strengthens the Solana network but also provides users with a reliable digital currency option, potentially boosting trading activities and liquidity in the decentralized finance space.
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