Jupiter Launches Stablecoin Backed by Blackrock Reserves

07-Jan-2026 Bitcoin.com

Jupiter Launches JupUSD Stablecoin Backed by BlackRock Reserves

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 […]

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