JupUSD JUPUSD

Solana · Solana Ecosystem · Stablecoins · USD Stablecoin

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JUPUSD is a USD-pegged stablecoin issued by Jupiter in partnership with Ethena Labs. It is used for limit orders, dollar-cost averaging, collateral for perpetuals trading, and settlement in prediction markets across Jupiter's ecosystem. The stablecoin is backed by USDtb, which is collateralized by BlackRock's BUIDL tokenized treasury fund, with a USDC liquidity buffer for minting and redemption.