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Jupiter launches JupUSD stablecoin with Ethena Labs on Solana

Jupiter, a decentralized exchange aggregator based on Solana, announced on October 8, 2025, the launch of its native stablecoin, JupUSD, developed in partnership with Ethena Labs. This new token is intended to act as a core liquidity and collateral asset within the Jupiter ecosystem, supporting its perpetual futures, lending, and spot trading platforms. JupUSD is scheduled to launch in the fourth quarter of 2025 after undergoing multiple security audits of its mint-and-redeem contracts. Initially, it will be fully backed by USDtb and later integrate USDe, Ethena's delta-neutral stablecoin, to enhance yield for holders. This collaboration extends Ethena’s Stablecoin-as-a-Service model and reflects a growing trend among DeFi projects that are beginning to issue their stablecoins to maintain liquidity and consolidate fee revenue internally, similar to initiatives from Aave and Curve.

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Bank of North Dakota and Fiserv to launch Roughrider Coin stablecoin

The Bank of North Dakota and Fiserv are set to introduce Roughrider Coin, the first state-backed stablecoin in the U.S., projected for launch in 2026. This stablecoin, which will be backed by the U.S. dollar, aims to improve settlement efficiency between financial institutions and facilitate cross-border payments while

Bitcoin (BTC) Payment Tools Come To Block's Square

Square, the payment services arm of Block, has launched new tools designed for small businesses to accept Bitcoin payments, enabling sellers to manage their digital assets alongside traditional finances. The features include zero processing fees for the first year, automatic conversion of a portion of daily card sales into Bitcoin,

Polymarket CEO Shayne Coplan Is Youngest ‘Self-Made Billionaire,’ Bloomberg Says

Shayne Coplan, the CEO of Polymarket, has been recognized as the youngest self-made billionaire at just 27 years old, as reported by Bloomberg. This milestone follows a recent valuation of Polymarket at $9 billion, resulting from a $2 billion investment from the Intercontinental Exchange (ICE), which owns the New York

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