CRYPTO:JUPUSD

Jupiter Usd Stock News

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$0.194
-0.0019 (-0.97%)
At Close: Jun 03, 2026
Jupiter's new stablecoin, JupUSD, could reshape Solana's liquidity landscape.
Ethena Labs, the team behind the synthetic dollar USDe, has partnered with Jupiter Exchange, a decentralized exchange (DEX) aggregator on Solana, to introduce JupUSD, a new native stablecoin designed
Solana DEX and DeFi protocol Jupiter is expanding its feature set with the launch of its own stablecoin, JupUSD, on Solana.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Jupiter introduces JupUSD, a Solana-native stablecoin built on Ethena Labs' Stablecoin-as-a-Service stack.
Ethena Labs partners with Jupiter to launch JupUSD, a new Solana-based stablecoin expected in late 2025, as the stablecoin market surpasses $300 billion.
Jupiter's ecosystem will gain a native stablecoin, JupUSD, built with Ethena Labs' infrastructure and backed by USDtb and USDe
Ethena Labs reported that it has partnered with Jupiter Exchange to develop JupUSD. This is a new stablecoin designed to power Solana's largest decentralized trading ecosystem.
Solana-based decentralized exchange Jupiter is rolling out its own stablecoin, JupUSD, by the end of the year.
Jupiter Exchange has announced the launch of JupUSD, its native Solana-based stablecoin developed in partnership with Ethena Labs. The stablecoin is built using Ethena's Stablecoin-as-a-Service stack
The launch of JupUSD could enhance Solana's DeFi ecosystem, attracting more institutional interest and diversifying financial products. Jupiter teams up with Ethena to launch Solana stablecoin JupUSD.
As part of the arrangement, Jupiter plans to “progressively convert” about $750 million of USDC from its Liquidity Provider Pool into JupUSD.
JUP remained stuck in a range, recently trading at an all-time low against SOL. The token remains under pressure despite buybacks, as the community blames monthly inflation and Jupuary airdrops.
TL;DR Price decline: Jupiter's JUP token has dropped 78% from its ATH but is holding firm near $0.41, with technical indicators pointing to a possible rebound if resistance at $0.45 is broken.
The JUP market is at a crossroads: on one hand, it is facing strong selling pressure, while on the other, it is supported by positive news and technical recovery signals.
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