Ethena Labs announced a partnership with Jupiter to launch the native stablecoin JupUSD, which is expected to go online in the fourth quarter of this year. JupUSD will be fully integrated into the Jupiter ecosystem, including decentralized perpetual contracts, trading interfaces, lending platforms Jupiter Lend, DEX partner Meteora and subsequent new products. As part of the cooperation, Jupiter will gradually convert approximately US$750 million in USDC liquidity into JupUSD. JupUSD will initially be 100% backed by the USDtb stablecoin issued by Ethena in 2024 and invested in the BlackRock BUIDL Fund. In the future, it may gradually migrate to USDe as a supporting asset. (The Block)

CME Group is considering launching 24/7 trading for crypto-related instruments, but memecoin products are not under consideration. 📊🚀 👉 Low Impact - 24/7 crypto trading at CME is evolutionary, not structural; watch for SEC decision on SOL ETF by July 31 for signals on institutional adoption. #Cryptocurrency #Trading #Meme

According to BlockBeats, on April 26, Bitget Onchain launched the Solana ecosystem's MEME tokens LetsBONK, Hosico, MCP, CFX, ZALA, UPONLY, and Wilma. Users can start trading in the on-chain trading sector. Bitget Onchain is designed to seamlessly connect CEX and DEX, providing users with a more convenient, efficient and secure on-chain transaction experience. Users can directly use the spot account (USDT/USDC) in the Bitget App to trade popular assets on the chain. Currently, popular public chains such as Solana (SOL), BNB Smart Chain (BSC) and Base are supported.