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Jupiter partners with Ethena Labs to launch JupUSD Stablecoin Initially, 90% of reserves will be held in USDtb, a licensed, GENIUS-compliant stablecoin, collateralised by BlackRock’s BUIDL Fund, with a 10% USDC liquidity buffer, paired with a secondary pool on Meteora. Over time, Jupiter plans to transition a portion of reserves to USDe for additional flexibility, resilience, and efficient economics for the ecosystem. 🔗x.com/JupiterExchange/status/2008194274362544603 Follow us to be on top of crypto: TG | Chat | X