Jupiter will issue stablecoin JUP USD, and the team has acquired RainFi to launch peer-to-peer lending

Foresight News reported live that Jupiter COO Kash Dhanda released a number of Jupiter product updates at the Solana Breakpoint conference: Jupiter Lend officially ended public beta today and is fully open source, and the code has been made public in the warehouse; Jupiter launched Jupiter Terminal to provide an on-chain transaction experience and launch real-time wallet tracking and other functions; Jupiter will launch Jupiter Rewards Hub and set up a reward pool of US$1 million to incentivize transactions and invitations; Jupiter A developer platform will be released to provide API documentation, real-time analysis and debugging support; in addition, Jupiter announced the launch of the stablecoin JUP USD for DeFi, which will launch trading and earning functions next week; the Jupiter team acquired RainFi and plans to jointly launch the peer-to-peer lending product Jupiter Orderbook, which will be launched in the first quarter of next year.

In addition, according to SolanaFloor, Rain.fi has taken a Droplets snapshot on December 10, 2025. The Droplets holdings after the snapshot will be converted into JUP token rewards, which are expected to be issued in early 2026.

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