Jupiter Rolls Out JupUSD as Capital-Efficient Stablecoin for Solana Ecosystem Backed by BlackRock’s BUIDL Fund

Upon launching the JupUSD stablecoin, Jupiter said that 90% of its reserves are held in USDtb, a licensed, GENIUS-compliant stablecoin backed by BlackRock’s BUIDL fund. JupUSD is integrated across the…

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