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Jupiter Launches 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 L...

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

Jupiter Launches 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 […]

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.

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