JupUSD: Ethena and Jupiter Team up to Expand Solana’s Stablecoin Market

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 for the Jupiter ecosystem. According to Ethena’s X post on Wednesday, the partnership aims to expand liquidity, boost yields, and strengthen decentralized finance (DeFi) integrations within […]