DeFi
Jupiter Lending Protocol to Integrate USDG Stablecoin on Solana
With over $400K in incentives, the exchange aims to establish USDG as a core stablecoin within its expanding DeFi ecosystem.
September 2, 2025
Companies mentioned:
• Jupiter, a key DeFi hub on Solana, has introduced a new lending protocol.
• The launch includes over $400,000 in incentives for users who supply the USDG stablecoin.
• This initiative positions USDG to become a more integral part of the Solana DeFi landscape, leveraging Jupiter's full product suite.
Jupiter Exchange has expanded its product offerings on the Solana network with the launch of a new lending protocol, Jup_Lend. This addition complements its existing swap aggregator and perpetuals trading services, solidifying its position as a central hub in the Solana DeFi ecosystem.
The new protocol places a significant emphasis on integrating the USDG stablecoin. To drive adoption, over $400,000 in incentives are being offered to users who supply USDG to the lending platform. This strategy has already helped USDG become the second-largest stablecoin by volume on Jupiter.
Through Jup_Lend, users can earn rewards on their USDG holdings or use them as collateral to borrow a range of assets, including JupSOL, JitoSOL, SyrupUSDC, SOL, and xBTC. This development signals a broader trend of stablecoins serving as the foundational layer for advanced DeFi applications on high-performance blockchains like Solana.
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