Ethena partners with Jupiter to launch native Solana stablecoin JupUSD
ChainCatcher reported that Ethena has announced a partnership with Jupiter to launch JupUSD, a native stablecoin for the Solana ecosystem. The token is planned to be launched in the fourth quarter. As part of the protocol, Jupiter plans to gradually convert approximately 750 millions USDC from its liquidity provider pool into JupUSD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple Partners With This Bank To Embed XRP’s Stablecoin
Exchange-Traded Funds Drop as US Equities Fall After Midday
BlackRock Greater Europe Investment Trust Buys Back Shares for 20.48 Million Pence
USD: What does an inverted V-shaped reversal signal indicate?
Crypto prices
More
