2026-01-05 15:19:57

There are new developments in the Solana ecosystem. Ethena Labs' white-label stablecoin JupUSD has officially launched on Solana, and this time it's not just about issuing a coin. Jupiter will incorporate it throughout its product ecosystem — JupLend lending platform will use it, Swap aggregation will use it, Mobile wallets will use it, Send transfer services will also use it, and even Perps perpetual contracts will be integrated.

More importantly, Jupiter plans to gradually replace approximately $500 million of USDC holdings in the JLP liquidity pool with JupUSD. This is not just a simple currency replacement; it reflects the increasing demand for native stablecoins within the Solana ecosystem. As trading volume and user scale grow, having its own stablecoin can indeed enhance the autonomy and efficiency of the entire ecosystem.

SOL0,18%

JUP-0,05%

USDC0,01%

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YieldHunter

· 01-08 08:17

ngl, swapping 500m usdc for jupusd across the entire ecosystem sounds like they're trying to lock in fees... if you look at the data, this is basically forced adoption disguised as "efficiency gains"

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governance_ghost

· 01-07 17:09

Oh no, Jupiter has really gone all out now, with the entire JupUSD ecosystem unfolding... Wait, 500 million USDC for JupUSD? How much confidence in JupUSD does that take to dare do this? But honestly, Solana really should have its own stablecoin now, being held back by USDC for too long.

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TokenUnlocker

· 01-05 15:47

Wow, Jupiter is planning to turn the entire ecosystem into JupUSD, covering everything from lending to trading to wallets, across the entire chain. This pace is pretty intense.

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DeFi_Dad_Jokes

· 01-05 15:46

Haha, Jupiter is going all-in with the full package, binding the entire ecosystem to JupUSD, and even replacing 500 million USDC... This move is quite aggressive. Solana really wants to establish independence.

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FOMOSapien

· 01-05 15:25

This move is a bit ruthless, directly deploying the entire ecosystem to launch JupUSD, replacing 500 million USDC is no small feat. Jupiter is really playing a big game, positioning itself well in the area of stablecoin sovereignty. The Solana ecosystem is increasingly showing signs of self-reliance, and we need to follow along this time. The entire ecosystem is now interconnected, it's hard to do without it, giving off that vibe. This is true ecosystem building, unlike some projects that only talk but don't deliver.

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JustHodlIt

· 01-05 15:23

Bro, Jupiter's move is pretty aggressive. Fully deploying the JupUSD across the entire ecosystem—this is really building their own financial closed loop. 500 million USDC exchanged for JupUSD. Solana is aiming for complete independence. I just want to see if USDC will panic. Honestly, this combination is really seamless—lending, trading, transfers all integrated, users can't escape. But stablecoins still depend on consensus. Can JupUSD support this scale? Solana is playing a big game. Ecosystem independence has been prioritized, but the risks shouldn't be underestimated.

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