{"id":53704,"date":"2025-10-08T17:15:38","date_gmt":"2025-10-08T14:15:38","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=53704"},"modified":"2025-10-08T17:15:38","modified_gmt":"2025-10-08T14:15:38","slug":"ethena-and-jupiter-launch-native-stablecoin-on-solana-jupusd","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/ethena-and-jupiter-launch-native-stablecoin-on-solana-jupusd\/","title":{"rendered":"Ethena and Jupiter Launch Native Stablecoin on Solana: JupUSD"},"content":{"rendered":"

The Solana ecosystem is gearing up for a major stablecoin launch. Ethena<\/strong> <\/a>and Jupiter<\/strong> have joined forces to introduce the native stablecoin JupUSD<\/strong> on Solana, a move expected to bring significant utility to both DeFi users and institutional investors.<\/p>\n

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Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n

  • JupUSD: Powered by Ethena\u2019s Stablecoin-as-a-Service Platform<\/a><\/li>
  • Full Integration Across the Jupiter Stack<\/a><\/li>
  • Backing and Security<\/a><\/li>
  • The Latest Addition to Ethena\u2019s Whitelabel Program<\/a><\/li><\/ul><\/nav><\/div>\n

    <\/span>JupUSD: Powered by Ethena\u2019s Stablecoin-as-a-Service Platform<\/span><\/h2>\n

    JupUSD is developed using Ethena\u2019s Stablecoin-as-a-Service (SCaaS) infrastructure, positioning it as a native stablecoin with strong integration potential. The token is designed to connect seamlessly with Jupiter\u2019s ecosystem, enhancing liquidity and expanding its use across the platform.<\/p>\n

    <\/span>Full Integration Across the Jupiter Stack<\/span><\/h2>\n

    JupUSD will play a central role within Jupiter\u2019s platform products:<\/p>\n

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      Jupiter Perps: Approximately $750 million in stablecoins within JLP will gradually transition to JupUSD.<\/p>\n<\/li>\n

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      Jupiter Lend: The stablecoin will serve as a cornerstone lending asset within the platform.<\/p>\n<\/li>\n<\/ul>\n

      This integration places JupUSD at the center of Solana\u2019s DeFi landscape, facilitating both trading and lending activities.<\/p>\n

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      Introducing JupUSD: the native stablecoin of the @JupiterExchange<\/a> ecosystem built on Ethena's Stablecoin-as-a-Service stack.<\/p>\n

      JupUSD will plug into every major part of the Jupiter stack, including:<\/p>\n

      – Jupiter Perps: where the ~$750m in stablecoins inside of JLP will gradually be\u2026 pic.twitter.com\/jlNLc2eNCz<\/a><\/p>\n

      — Ethena Labs (@ethena_labs) October 8, 2025<\/a><\/p><\/blockquote>\n