Jupiter’s JupUSD formally launches
Jan 5, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan

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AI Overview
Jupiter launched JupUSD, a reserve-backed stablecoin pegged to the US dollar, in collaboration with Ethena Labs. The stablecoin will initially hold 90% of its reserves in USDtb, compliant with GENIUS standards, while 10% will be in USDC, backed by BlackRock’s BUIDL Fund.
Bullish
Jupiter formally launched JupUSD, its reserve-backed stablecoin facilitated by Ethena Labs, and it is pegged to the US dollar. According to the post, JupUSD is launching on battle-tested stablecoin rails, and initially only 90% of reserves will be held in USDtb, a licensed, GENIUS-compliant stablecoin, collateralized by BlackRock’s BUIDL Fund, with a 10% USDC liquidity […]







