Jupiter DEX will list its native stablecoin, JupUSD, on Solana by the end of the year. The stablecoin, developed by Ethana Labs and fully backed by USDtb, is expected to be listed on Solana by the end of the year. While JUP is trading at $0.4367, down 7% this week, the news could push it towards $0.50, though bearish indicators suggest potential support at $0.41.
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