PANews reported on December 12th that, according to Cryptobriefing, Jupiter COO Kash Dhanda announced at the Solana Breakpoint event that Jupiter will launch its stablecoin JupUSD next week. JupUSD will be listed soon, with real-time trading and yield features enabled simultaneously. Dhanda added that a third use case is planned for the first quarter of 2026, which he described as "very interesting."

In October, it was reported that Ethena partnered with Jupiter to launch JupUSD, a stablecoin native to the Solana ecosystem.