Jupiter, a DeFi aggregator built on Solana, is working with Ethena Labs a unroll your own stablecoin called JupUSD. The launch it is programmed for the fourth quarter of 2025, and it is not under treatment as a secondary feature. Jupiter plans to make JupUSD a key part of As its platform works, bind in everything from swaps to loans pers trading and more.
What is there Keep it together on the first day
At launch, JupUSD will be fully backed by USDtb, a stablecoin that is tied to short-term U.S. Treasury securities. This gives it a clean, traditional look sort of guarantee to begin with. Later, Ethena’s another stablecoin, USDe, will be added TO the mixture.
Introducing JupUSD: the native stablecoin of @JupiterExchange ecosystem built on Ethena’s Stablecoin-as-a-Service stack.
JupUSD will connect to all major parts of the Jupiter stack, including:
– Jupiter Perps: where the ~$750 million in stablecoins will be gradually moved within JLP… pic.twitter.com/jlNLc2eNCz
— Ethena Labs (@ethena_labs) October 8, 2025
This will introduce more flexibility and allow for some yield optimization, but will also mean additional moving parts. Instead of building a stablecoin system from scratch, Jupiter leans on Ethena to provide the engine behind the scenes.
JupUSD will power more than just payments
This new stablecoin is not just built for holding or simple transfers. Jupiter wants it to function as a base layer for the entire platform. His expected become collateral for loans, fuel for perpetual futures, and a fundamental trading pair within it That of Jupiter own instruments of exchange.
The goal is to rely less on external stablecoins and instead build something fully integrated into the platform own liquidity engine.
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Launch of a stablecoin It’s not a walk in the park
Creating something like JupUSD is a big technical-operational task. There are contracts to be implemented on Solana and they will need to be verified for security before anything goes live. Again, the stability of the picket must be be monitored constantly, especially once USDe enter the photo.
The more complex the collateral structure becomes, the more more possibilities there are that things slip or misfire, and this type of risk could shake user trust.
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Liquidity could change rapidly if it takes hold
If the launch goes well, JupUSD could begin replacing some of the $750 million already deposited That of Jupiter existing stablecoin pools. It would be a big reshuffle for Solana’s The DeFi landscape.
It would not only change which stablecoins dominate the ecosystem, but also push it Ethena’s infrastructure in a more central role across multiple platforms, as they provide the tools that make JupUSD possible in the first place.
Bigger picture behind the move
The entire plan reflects a growing trend among DeFi platforms stop depending ON external money systems. Instead of building on someone other stablecoin, Jupiter is trying to own the entire stack. This way, the fees remain internal, the liquidity remains and the entire user experience becomes more controlled and personalized.
If JupUSD is successful, it could set a precedent for other projects do the same. But it also means shining a spotlight on how Jupiter manages governance, risk and transparency. As more and more stablecoins launch, only those with strong internal systems will be able to withstand market turbulence and user expectations.
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Key points
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Jupiter is launching JupUSD, a Solana-based stablecoin built in collaboration with Ethena Labs, with the aim of making it a core part of its platform by the end of 2025.
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JupUSD will be fully backed by USDtb at launch, with Ethena’s USDe added later to provide greater flexibility and return opportunities.
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The stablecoin will power swaps, lending and perpetual trading on Jupiter, reducing dependence on external stablecoins and strengthening platform integration.
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If the launch works, JupUSD could quickly replace much of Jupiter’s $750 million stablecoin pool, reshaping Solana’s DeFi liquidity landscape.
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This move fits into a larger trend in DeFi of creating internal stablecoins, giving platforms greater control over liquidity, fees and user experience.
The post Jupiter Set to Launch Solana-Based JupUSD Stablecoin appeared first on 99Bitcoins.