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
British Pound slips as hawkish Fed outlook boosts US Dollar
Japanese Yen bulls seem hesitant amid BoJ's dovish rate hike as Fed bets support USD
Hyundai builds vehicles for Waymo: hoping autonomous taxis will offset the impact of slowing EV demand
Hyundai aims to offset the slowdown in electric vehicle demand by introducing driverless taxis.
Crypto prices
More
