Solana Lending Platform Jupiter Adds USDGO Lending Market
TechFlow reported on November 12 that, according to CoinDesk, Jupiter, a Solana-based trading and lending platform, has added a new USDGO lending market, allowing users to earn interest by supplying the stablecoin or borrow USDGO by collateralizing their crypto assets.The report cited Jupiter as stating that its lending protocol, Jupiter Lend, has an active loan volume exceeding $1 billion. USDGO is issued by Anchorage Digital Bank, with OSL Group serving as the operator and distributor, backed by reserves including U.S. Treasuries.The OSL platform provides USDGO yields linked to the Federal Funds Rate exclusively to professional investors; the Jupiter market allows other holders to earn on-chain yields, with interest rates determined by borrowing demand. Bitget Wallet has also integrated with this lending market.
TechFlow reported on November 12 that, according to CoinDesk, Jupiter, a Solana-based trading and lending platform, has added a new USDGO lending market, allowing users to earn interest by supplying the stablecoin or borrow USDGO by collateralizing their crypto assets.
The report cited Jupiter as stating that its lending protocol, Jupiter Lend, has an active loan volume exceeding $1 billion. USDGO is issued by Anchorage Digital Bank, with OSL Group serving as the operator and distributor, backed by reserves including U.S. Treasuries.
The OSL platform provides USDGO yields linked to the Federal Funds Rate exclusively to professional investors; the Jupiter market allows other holders to earn on-chain yields, with interest rates determined by borrowing demand. Bitget Wallet has also integrated with this lending market.
