PANews reported on January 5th that Jupiter has officially launched its stablecoin JupUSD, a reserve-backed, USD-pegged stablecoin built on Ethena Labs technology, "aimed at powering the next chapter of finance." Initially, 90% of its reserves will consist of the licensed, GENIUS-compliant stablecoin USDtb, secured by BlackRock's BUIDL fund, with a 10% USDC liquidity buffer. While JupUSD does not generate yield, it can be integrated with Jupiter Lend for deposits, lending, or leveraged operations, enjoying exclusive benefits. By depositing funds into Lend's yield vault, users will receive jlJupUSD and enjoy unique promotional offers, providing additional liquidity and utility for JupUSD.