Jupiter launches stablecoin JupUSD and major upgrade for Solana

On Saturday, December 20, 2025, Jupiter announced the launch of JupUSD – a new stablecoin – along with seven major upgrades to the decentralized exchange ecosystem built on Solana. This initiative focuses on integrating direct rewards into trading, lending, and prediction markets, while addressing long-standing issues such as fragmented data, scam tokens, and lack of enterprise-grade infrastructure.

JupUSD is designed to operate seamlessly across Jupiter’s end-to-end ecosystem, including transaction aggregation, perpetual contracts, and lending protocols. According to the Jupiter team, controlling both the stablecoin and the transaction layer creates a synergistic advantage that independent stablecoins cannot achieve.

The launch event coincided with several advancements in the Solana ecosystem. Jupiter Lend officially exited beta after surpassing $1 billion in just eight days, while new tools such as Jupiter Terminal, Developer Platform, VRFD, and Rewards Hub significantly enhance transparency, security, and user incentive mechanisms.