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Ethena partners with Jupiter to launch native Solana stablecoin JupUSD

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2025-10-08 14:10:02
According to TheBlock, Ethena Labs is partnering with Jupiter to launch JupUSD, a native stablecoin based on Solana that will be integrated into the entire Jupiter ecosystem.
As part of the agreement, Jupiter plans to "gradually convert" around $750 million of USDC in its liquidity provider pool to JupUSD.
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