New Stablecoin to Power Jupiter’s Expanding DeFi Ecosystem
Jupiter, the leading decentralized exchange (DEX) aggregator on Solana, has unveiled plans to launch a new Solana-based stablecoin named JupUSD in partnership with Ethena Labs. The token is expected to go live in mid–Q4 2025 and will serve as the core liquidity asset across Jupiter’s growing decentralized finance (DeFi) ecosystem.
JupUSD will have deep integrations across every Jupiter product:
– Collateral on Jupiter Perps – Liquidity in Jupiter Lend – Trading on Swap, Pro, and Mobile – Integration into new products we’re building
According to Jupiter’s announcement, JupUSD will be fully collateralized by Ethena’s USDtb, a stable token backed by short-term U.S. Treasury assets. Over time, the firm also plans to integrate Ethena’s synthetic dollar, USDe, to enhance yield optimization and diversify collateral composition.
“JupUSD will be deeply integrated into every layer of Jupiter’s ecosystem — from perpetual trading and lending pools to liquidity markets,” the company said.
Introducing JupUSD: the native stablecoin of the @JupiterExchange ecosystem built on Ethena's Stablecoin-as-a-Service stack.
JupUSD will plug into every major part of the Jupiter stack, including:
– Jupiter Perps: where the ~$750m in stablecoins inside of JLP will gradually be… pic.twitter.com/jlNLc2eNCz
The collaboration highlights a growing trend toward white-label stablecoin issuance, where established DeFi protocols partner with infrastructure providers to issue branded, asset-backed tokens. Ethena Labs, the issuer behind USDe and USDtb, operates a stablecoin-as-a-service framework, enabling other projects to create custom stablecoins using its collateral and risk management infrastructure.
At launch, JupUSD will serve as the main collateral on Jupiter Perps, the protocol’s perpetual futures exchange. Jupiter’s existing $750 million in stablecoin liquidity will gradually transition to JupUSD, increasing the platform’s self-sufficiency and reducing reliance on external stable assets.
A representative from Ethena Labs commented that “this partnership demonstrates how white-label stablecoin technology can strengthen liquidity, transparency, and scalability across major DeFi networks.”
A Shift in the Stablecoin Market
The move comes amid rapid expansion in the global stablecoin market, which recently surpassed $300 billion in market capitalization. Analysts note that white-label stablecoins could become a dominant trend as protocols seek to retain liquidity and offer on-chain dollar stability under clearer regulatory frameworks.
With both Solana’s high-speed architecture and Ethena’s institutional-grade collateral backing, JupUSD could emerge as a key liquidity instrument fueling the next wave of decentralized finance innovation on Solana.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
We use cookies to personalize content and ads, provide social media features, and analyze our traffic. In accordance with GDPR/AVG and EU cookie regulations, data is processed only with your consent. We may share information about your use of our website with our social media, advertising, and analytics partners, and you can manage or withdraw your consent at any time. View more
Cookies settings
Accept
Privacy & Cookie policy
Privacy & Cookies policy
Cookies list
Cookie name
Active
Privacy Policy
At BitxJournal.com, we respect your privacy and are committed to protecting your personal data. This Privacy Policy explains how we collect, process, store, and protect personal information in accordance with the General Data Protection Regulation (GDPR) and AVG (EU privacy legislation).
1. Data Controller
BitxJournal.com acts as the data controller for all personal data processed through this website.
2. Personal Data We Collect
We may collect and process the following categories of data:
Personal Data
Name and email address (when you subscribe to newsletters or contact us)
Technical & Usage Data
IP address, browser type, operating system
Device information
Pages visited, referral sources, and interaction data
This data is collected via cookies, log files, and analytics technologies.
3. Legal Basis for Processing
We process personal data only when a lawful basis exists, including:
Consent – when you explicitly agree (e.g., cookies, newsletter sign-up)
Legitimate interest – to operate, secure, and improve our website
Legal obligation – when required by applicable laws
You may withdraw your consent at any time.
4. Purpose of Data Processing
Your data is processed for the following purposes:
Operating and maintaining the website
Improving content, usability, and performance
Sending newsletters or updates (only with consent)
Analyzing traffic and user behavior
Responding to inquiries or support requests
5. Cookies & Consent Management
We use cookies and similar technologies in compliance with EU Cookie Law.
Non-essential cookies are placed only after explicit user consent
Users may accept, reject, or manage cookie preferences at any time
Consent can be withdrawn without affecting prior lawful processing
Detailed cookie information is available in our Cookie Settings panel.
6. Third-Party Data Processing
We may share limited data with trusted third-party service providers, including:
Analytics providers (e.g., Google Analytics)
Advertising partners (for personalized or non-personalized ads)
These third parties act as data processors and process data only under contractual obligations compliant with GDPR/AVG.
7. International Data Transfers
Where data is transferred outside the European Economic Area (EEA), we ensure appropriate safeguards are in place, such as Standard Contractual Clauses (SCCs) or equivalent legal mechanisms.
8. Data Retention
We retain personal data only for as long as necessary to fulfill the purposes outlined in this policy or as required by law.
9. Data Security
We implement appropriate technical and organizational security measures to protect personal data against unauthorized access, alteration, disclosure, or destruction.
10. Your GDPR Rights
Under GDPR/AVG, you have the right to:
Access your personal data
Rectify inaccurate or incomplete data
Request data erasure (“right to be forgotten”)
Restrict or object to processing
Data portability
Withdraw consent at any time
Lodge a complaint with a supervisory authority
11. Changes to This Privacy Policy
We reserve the right to update this Privacy Policy at any time. Any changes will be posted on this page with a revised effective date.
12. Contact Information
For privacy-related inquiries or GDPR requests, contact:
