๐งฉ Jupiter is seriously doing one thing: redefining "how stablecoins should integrate into the ecosystem".
Jupiter's latest article systematically elaborates on the original intention of launching JupUSDโit's not about scale, nor about interest rates, the key words are only three:
security, inclusiveness, transparency.
And very importantly:
they repeatedly emphasizeโJupUSD is still in its early stages,
what's next is to slowly embed it into the entire Solana DeFi "framework".
Several key design points worth noting:
1๏ธโฃ Treasury revenue, not kept for itself
JupUSD will actively return the native treasury revenue to the ecosystem.
This is not the common "issuer eats the spread" model, but clearly favors long-term ecological synergy.
2๏ธโฃ Reserve structure leaning towards institutional level
The composition of JupUSD's reserves is very clear:
๐ 90% BlackRock BUIDL Fund
๐ 10% USDC
It reflects a direction:
prioritizing stability, compliance, and auditability, rather than aggressive expansion.
3๏ธโฃ Deeply binding with Jupiter Lend
Using JupUSD on Jupiter Lend,
can directly obtain native treasury revenue.
Stablecoins are no longer just "neutral mediums", but are starting to participate in revenue distribution.
4๏ธโฃ jlJupUSD = DeFi foundational module
The positioning of the yield-bearing asset jlJupUSD is very clear:
like JLP, as a core composable asset, it becomes a reusable building block in DeFi.
5๏ธโฃ Not in a hurry to tell stories, but will continue to expand use cases
Jupiter clearly states that it will continue to explore
๐ more stablecoin use cases
๐ more protocol integrations
๐ more partners
to enhance the actual use scenarios of JupUSD.
Looking at it from another angle, what Jupiter is betting on is not the "stablecoin war", but a longer-term judgment:
๐ the stablecoins that can truly remain in the future will definitely be "ecosystem-based stablecoins", rather than single-point products.
JupUSD doesnโt need to become the largest from the start, but itโs clear that it wants to become the most "usable and well-connected" one in the Solana ecosystem.
This line,
is worth observing slowly.
#ๅ ๅฏๅธๅบ่งๅฏ #defi #JUPUSDT #Solana