Odaily Planet Daily reports that Jupiter announced at the Solana Breakpoint Conference that its stablecoin JupUSD is expected to go live later next week. Earlier, Ethena announced a partnership with Jupiter to launch the Solana ecosystem-native stablecoin JupUSD, which 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 pools into JupUSD.
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Jupiter stablecoin JupUSD is expected to go live next week
Odaily Planet Daily reports that Jupiter announced at the Solana Breakpoint Conference that its stablecoin JupUSD is expected to go live later next week. Earlier, Ethena announced a partnership with Jupiter to launch the Solana ecosystem-native stablecoin JupUSD, which 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 pools into JupUSD.