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Jupiter wants to take a share of the stablecoin market, so it introduced $JupUSD
.
After reviewing the logic, it's basically about aggregating the returns from RWA (such as US Treasury interest) into the Jupiter ecosystem and for users, with a pegging mechanism that ensures stability through 90% USDtb reserves and 10% USDC as a buffer.
👉 Insertion perspective
You can exchange for JupUSD on Jupiter, then deposit it into the Lend pool, with an annual interest rate of approximately 6.06%.
Non-Guangzi