JupUSD: Ethena and Jupiter Team up to Expand Solana’s Stablecoin Market
Ethena Labs, the team behind the synthetic dollar USDe, has partnered with Jupiter Exchange, a decentralized exchange (DEX) aggregator on Solana, to introduce JupUSD, a new native stablecoin designed for the Jupiter ecos...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
JPMorgan Expands Tokenized Money Market Funds To Solana
TL;DR: J.P. Morgan Asset Management says qualified U.S. investors can now access MONY and JLTXX tokenized money market funds on So...
Solana adds $22M in euro stablecoins in one week, outpacing every other chain
Solana's rapid euro stablecoin growth highlights its rising influence in the crypto market, potentially challenging Ethereum's dom...
Solana outshines XRP with higher transactions and stablecoin usage: Motley Fool
Solana's superior network metrics and stablecoin usage may boost investor confidence, potentially impacting its market valuation a...
Securitize Brings 12 U.S. Stocks to Solana With 1:1 Backing and U.S. Investor Access
Key Takeaways: Securitize has added 12 U.S. stock tokens to Solana, such as Apple, Nvidia, Tesla, Microsoft and Amazon. The backin...
Solayer Pay Adds Five Blockchain Networks For Direct Stablecoin Card Deposits
TL;DR: Solayer Pay says its card app now accepts supported stablecoin deposits from Solana, Ethereum, Arbitrum, BNB Chain and Base...
Bybit Wins Dubai VARA Approval For Spot Crypto Exchange Services
TL;DR: Bybit says its Dubai entity has secured a VARA virtual-asset service provider licence covering spot exchange activity; deri...