Jupiter COO announced multiple updates: a stablecoin JUP USD will be issued, and the team has acquired RainFi to launch peer-to-peer lending

Jupiter's Chief Operating Officer Kash Dhanda announced several product updates for Jupiter at the Solana Breakpoint conference:

• Jupiter Lend officially ends its public beta today and is fully open-sourced, with the code now available in the repository;
• Jupiter launched Jupiter Terminal, providing an on-chain trading experience, along with features like real-time wallet tracking;
• Jupiter will introduce the Jupiter Rewards Hub, establishing a $1 million reward pool to incentivize trading and referrals;
• Jupiter will release a developer platform, offering API documentation, real-time analytics, and debugging support;

In addition, Jupiter announced the launch of the DeFi-focused stablecoin JUP USD, which will go live with trading and earning features next week; the Jupiter team has acquired RainFi and plans to jointly launch a peer-to-peer lending product, Jupiter Orderbook, in the first quarter of next year.