Jupiter has officially launched its stablecoin, JupUSD, a USD-pegged digital currency built on Ethena Labs technology. The stablecoin is designed to support the next phase of financial innovation. JupUSD's reserves are primarily composed of the GENIUS-compliant stablecoin USDtb, backed by BlackRock's BUIDL fund, with a 10% USDC liquidity buffer. Although JupUSD does not offer yield, it can be used with Jupiter Lend for various financial operations, including deposits and lending. Users can deposit into Lend's yield vault to receive jlJupUSD, gaining access to exclusive promotional offers and enhancing JupUSD's liquidity and utility.