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Jupiter launches JupUSD stablecoin backed by BlackRock’s BUIDL fund

The Solana-native token is backed by USDtb and USDC and is designed to serve as a settlement asset across Jupiter’s DeFi stack.

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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Jupiter launches JupUSD stablecoin backed by BlackRock’s BUIDL fund

The Solana-native token is backed by USDtb and USDC and is designed to serve as a settlement asset across Jupiter’s DeFi stack.

Why this matters

BlackRock is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

Original source

Read on Cointelegraph

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