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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.

JupUSD

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JUPUSD	USD
0.1	0.09984897656
1	0.99848976568
2	2.00
5	4.99
10	9.98
20	19.97
50	49.92
100	99.85
1000	998.49

USD	JUPUSD
0.1	0.10015125185
1	1.00
2	2.00
5	5.01
10	10.02
20	20.03
50	50.08
100	100.15
1000	1,001.51

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