BREAKING: Jupiter secures a $35M strategic investment into $JUP from ParaFi Capital to accelerate onchain financial infrastructure. This deal - which will be settled entirely in $JupUSD - was closed at spot price with ParaFi committing to an extended token lockup. https://t.co/7moUP2nQjK

Introducing JupUSD: the native stablecoin of the @JupiterExchange ecosystem built on Ethena's Stablecoin-as-a-Service stack. JupUSD will plug into every major part of the Jupiter stack, including: - Jupiter Perps: where the ~$750m in stablecoins inside of JLP will gradually be https://t.co/jlNLc2eNCz