JupUSD (JUPUSD)$1.00
0.00% (24H)
Low $1.00
High $1.00
- Market Cap $46.76 M
- Volume $3.58 M
- Available Supply 46.77 M JUPUSD
- ATH $1.02
- ATH(% Change) -2.30%
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JupUSD current price is $1.00 with a marketcap of $46.76 M. Its price is 0.00% up in last 24 hours.
JupUSD is a Solana-native stablecoin launched by Jupiter in partnership with Ethena Labs. It is issued using Ethena Labs’ Stablecoin-as-a-Service infrastructure and is backed by reserve assets held in institutional custody. At launch, reserves consist of USDC and Ethena’s USDtb. USDtb is a tokenized dollar backed by tokenized U.S. Treasury exposure and issued under a licensed, GENIUS-compliant framework.JupUSD is minted and redeemed against these reserves through controlled mint-and-redeem mechanisms. JupUSD does not accrue yield to holders. Any changes to reserve composition, custody arrangements, or issuance mechanics are disclosed through official Jupiter communication channels.JupUSD is not a yield-bearing stablecoin.
