Jupiter Launches Stablecoin Backed by Blackrock Reserves
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Jupiter introduces JupUSD, a reserveābacked stablecoin pegged to the US dollar, with institutional custody and openāsource audits. Jupiter announced the launch of JupUSD, a USādollarāpegged stablecoin built with Ethena Labs and secured by a 90% reserve in USDtb, a GENIUSācompliant token collateralized by Blackrockās BUIDL Fund, plus a 10% USDC liquidity buffer. The token is [ā¦]4M agoā¢
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