Home BitcoinJupiter Launches Stablecoin Backed by Blackrock Reserves
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Jupiter Launches Stablecoin Backed by Blackrock Reserves

by Simon Crypto Team
written by Simon Crypto Team 0 comments 19 views
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Jupiter introduces JupUSD, a reserve‑backed stablecoin pegged to the US dollar, with institutional custody and open‑source audits. Jupiter announced the launch of JupUSD, a US‑dollar‑pegged stablecoin built with Ethena Labs and secured by a 90% reserve in USDtb, a GENIUS‑compliant token collateralized by Blackrock’s BUIDL Fund, plus a 10% USDC liquidity buffer. The token is […]

Tags: BackedBlackRockJupiterLaunchesReservesStablecoin
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bitcoin
Bitcoin (BTC) $ 63,999.00
ethereum
Ethereum (ETH) $ 1,672.88
tether
Tether (USDT) $ 0.999436
xrp
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bnb
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staked-ether
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