JUP 價格觀察：JupUSD 穩定幣將撼動 Solana DeFi

Jupiter 的 JUP 代幣保持穩定，因為人們對 JupUSD（與 Ethena Labs 合作的新型 Solana 原生穩定幣）的預期不斷增強。以下是這一改變遊戲規則的發展的內幕。

Hold onto your hats, folks! The world of Solana DeFi is about to get a whole lot more interesting. Jupiter's native token, JUP, is holding steady above $0.43 as everyone's buzzing about the upcoming launch of JupUSD, a brand-new stablecoin built right on Solana in collaboration with Ethena Labs. It's like the cool kids finally decided to throw their own party, and everyone wants an invite.

各位，請戴好你們的帽子！ Solana DeFi 的世界即將變得更加有趣。 Jupiter 的原生代幣 JUP 穩定在 0.43 美元以上，因為每個人都在熱議 JupUSD 即將推出，JupUSD 是與 Ethena Labs 合作在 Solana 上構建的全新穩定幣。這就像酷孩子們最終決定舉辦自己的派對，而每個人都想要收到邀請。

JupUSD: A New Stablecoin on the Block

JupUSD：一種新的穩定幣

So, what's the big deal about JupUSD? Well, this isn't just another stablecoin. Jupiter is positioning JupUSD to become the central currency of its ecosystem, aiming to replace approximately $750 million in existing stablecoins, primarily USDC, within its Liquidity Pool (JLP). This move could seriously shake things up and solidify Solana's position as a DeFi powerhouse.

那麼，JupUSD 有什麼大不了的呢？嗯，這不僅僅是另一種穩定幣。 Jupiter 將 JupUSD 定位為其生態系統的中央貨幣，旨在取代其流動性池（JLP）內約 7.5 億美元的現有穩定幣，主要是 USDC。此舉可能會嚴重改變現狀並鞏固 Solana 作為 DeFi 巨頭的地位。

Key Takeaways:

要點：

• Native to Solana: JupUSD is being built as a fully on-chain stablecoin, designed to operate exclusively within Solana’s network, promising faster and cheaper transactions.
• Backed by USDtb: Initially, JupUSD will be fully backed by USDtb, a tokenised asset tied to BlackRock’s BUIDL fund. Later, Ethena’s USDe will be added to the collateral mix, bringing yield generation and enhanced stability.
• Deep Integration: Jupiter plans to integrate JupUSD across its suite of products, including its perpetuals platform, lending protocol, and trading applications.

Ethena's Expanding Role

Ethena 的角色不斷擴大

Ethena Labs is playing a crucial role in this venture. This partnership represents another step in expanding its Stablecoin-as-a-Service model. They're aiming big, planning to grow its total issuance to over $50 billion within two years. Ethena’s framework allows blockchain projects to launch their own stablecoins backed by institutional-grade reserves, aligning decentralised systems with real-world financial assets.

Ethena Labs 在這項事業中發揮著至關重要的作用。此次合作代表著其穩定幣即服務模式又向前邁出了一步。他們的目標很大，計劃在兩年內將其發行總額增加到超過 500 億美元。 Ethena 的框架允許區塊鏈項目推出自己的由機構級儲備支持的穩定幣，使去中心化系統與現實世界的金融資產保持一致。

Why This Matters

為什麼這很重要

The launch of JupUSD is more than just another stablecoin hitting the market. It's a strategic move by Jupiter to control its own destiny within the Solana ecosystem. By creating a native stablecoin, Jupiter aims to boost on-chain volume and establish JupUSD as the go-to currency for all transactions within its platform. It also reduces reliance on external stablecoins like USDC, giving Jupiter more autonomy.

JupUSD 的推出不僅僅是又一個進入市場的穩定幣。這是 Jupiter 在 Solana 生態系統中控制自己命運的戰略舉措。 Jupiter 旨在通過創建原生穩定幣來提高鏈上交易量，並將 JupUSD 打造為其平台內所有交易的首選貨幣。它還減少了對 USDC 等外部穩定幣的依賴，賦予 Jupiter 更多自主權。

Furthermore, traditional finance is taking notice of the stablecoin space. Citi Ventures' investment in BVNK, a stablecoin infrastructure company, highlights the growing interest in digital payment systems and the potential for stablecoins to revolutionize cross-border transactions.

此外，傳統金融正在關注穩定幣領域。花旗風投對穩定幣基礎設施公司 BVNK 的投資凸顯了人們對數字支付系統日益增長的興趣以及穩定幣徹底改變跨境交易的潛力。

My Two Satoshis

我的兩個中本聰

I think this is a brilliant move by Jupiter. Creating a native stablecoin is a bold step towards greater decentralization and control. By backing JupUSD with assets like USDtb and USDe, they're instilling confidence and stability. However, the success of JupUSD will depend on several factors, including market confidence, parity stability, and regulatory clarity. It's a high-stakes game, but Jupiter seems ready to play.

我認為這是木星的一個絕妙舉動。創建原生穩定幣是邁向更大程度的去中心化和控制的大膽一步。通過使用 USDtb 和 USDe 等資產支持 JupUSD，他們正在灌輸信心和穩定性。然而，JupUSD 的成功將取決於幾個因素，包括市場信心、平價穩定性和監管清晰度。這是一場高風險的遊戲，但木星似乎已做好準備。

Looking Ahead

展望未來

So, keep an eye on JUP price and JupUSD's launch in Q4 2025. This could be a pivotal moment for Solana DeFi. Will JupUSD become the king of Solana stablecoins? Only time will tell. But one thing's for sure: the crypto world just got a whole lot more interesting!

因此，請關注 JUP 價格和 JupUSD 於 2025 年第四季度的推出。這可能是 Solana DeFi 的關鍵時刻。 JupUSD會成為Solana穩定幣之王嗎？只有時間才能證明一切。但有一件事是肯定的：加密世界變得更加有趣！