Jupiter & Ethena Labs Unveil New Solana-Powered Stablecoin

Decentralized finance (DeFi) is witnessing a surge in innovative stablecoin projects as Jupiter, a leading decentralized trading platform on the Solana blockchain, announces its partnership with Ethena Labs to launch JupUSD. This new stablecoin, set to debut in mid-Q4 2025, promises to enhance DeFi offerings and meet growing demand for compliant and scalable fiat-backed digital assets. Jupiter’s stablecoin initiative is part of a broader trend of white-label stablecoins gaining momentum across various crypto ecosystems.