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.
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