Rank #456
Current Price
$1.002
24h Change
0.20%
7d Change
0.22%
Market Cap
$51,069,837
Rank
#456
About JupUSD
JupUSD is a Solana-native stablecoin launched by Jupiter in partnership with Ethena Labs. It is issued using Ethena Labs’ Stablecoin-as-a-Service infrastructure and is backed by reserve assets held in institutional custody. At launch, reserves consist of USDC and Ethena’s USDtb. USDtb is a tokenized dollar backed by tokenized U.S. Treasury exposure and issued under a licensed, GENIUS-compliant framework. JupUSD is minted and redeemed against these reserves through controlled mint-and-redeem mechanisms. JupUSD does not accrue yield to holders. Any changes to reserve composition, custody arrangements, or issuance mechanics are disclosed through official Jupiter communication channels. JupUSD is not a yield-bearing stablecoin.
Categories
StablecoinsUSD StablecoinSolana Ecosystem
Details
SymbolJUPUSD
Price$1.002
24h Change0.20%
7d Change0.22%
30d Change0.14%
Market Cap$51,069,837
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