Jupiter stablecoin JupUSD is expected to go live next week
BlockBeats News, December 12, Jupiter announced at the Solana Breakpoint Conference that its stablecoin, JupUSD, is expected to launch next week.
BlockBeats previously reported that on October 8, Ethena partnered with Jupiter to launch the native Solana stablecoin, JupUSD. The token is scheduled to go live in the fourth quarter. Jupiter plans to "gradually transition" around $750 million USDC from its liquidity provider pool to JupUSD.
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