JupUSD (JUPUSD) stablecoin analytics
Answer First
What is JUPUSD?
JupUSD is Jupiter's Solana dollar stablecoin, targeting 90% USDtb and 10% USDC reserves; direct minting and redemption require KYC/KYB onboarding. The static profile records its US Dollar peg mechanism as: Whitelisted KYC/KYB participants mint and redeem against USDC or USDtb through the Solana program at 1:1 before a 0.04% fee; market-maker arbitrage and an automated peg bot support secondary-market stability
Is JUPUSD safe?
JUPUSD holds a C Safety Score grade (59/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says JupUSD uses a CeFi-Dependent governance model and Real-World Asset Backed backing, with Real-Time PoR from JupUSD transparency page; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
JupUSD (JUPUSD) static profile: governance model CeFi-Dependent; backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Sep 7, 2026
JupUSD is Jupiter's bid to own Solana's dollar layer, backed overwhelmingly by Ethena's USDtb, itself a wrapper around BlackRock's BUIDL, with a USDC buffer covering the rest. The dependency chain runs JupUSD to USDtb to BUIDL to actual government bonds: pristine collateral buried under three layers of operational and counterparty risk, custodied through Porto and Anchorage.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- USDtb and USDC reserves targeting a 90%/10% mix, rebalanced daily; actual weights fluctuate with minting and redemption
- Peg Mechanism
- Whitelisted KYC/KYB participants mint and redeem against USDC or USDtb through the Solana program at 1:1 before a 0.04% fee; market-maker arbitrage and an automated peg bot support secondary-market stability
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Real-Time PoR by JupUSD transparency page Reserve source
- Contracts
- 1 deployment tracked across Solana.
Next Actions
Exact bot target: /subscribe dews,depeg,safety jupusd-jupiter
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
JUPUSD quick answers
What is JUPUSD?
JupUSD is Jupiter's Solana dollar stablecoin, targeting 90% USDtb and 10% USDC reserves; direct minting and redemption require KYC/KYB onboarding. The static profile records its US Dollar peg mechanism as: Whitelisted KYC/KYB participants mint and redeem against USDC or USDtb through the Solana program at 1:1 before a 0.04% fee; market-maker arbitrage and an automated peg bot support secondary-market stability
Is JUPUSD safe?
JUPUSD holds a C Safety Score grade (59/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says JupUSD uses a CeFi-Dependent governance model and Real-World Asset Backed backing, with Real-Time PoR from JupUSD transparency page; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs JUPUSD?
Pharos classifies JUPUSD backing as Real-World Asset Backed. Collateral, per the static profile: USDtb and USDC reserves targeting a 90%/10% mix, rebalanced daily; actual weights fluctuate with minting and redemption Reserve evidence: Real-Time PoR from JupUSD transparency page.
Can JUPUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for JUPUSD, when applicable, appear in the dossier below.
