Jupiter adds Anchorage-backed USDGO to its $1 billion Solana lending platform

Jupiter adds Anchorage-backed USDGO to its $1 billion Solana lending platform

OSL offers a yield on USDGO only to professional investors, but Jupiter said its market lets other holders earn onchain at rates set by borrower demand.

Jupiter announced Thursday it had added a lending market for USDGO, also available in Bitget Wallet, letting users earn interest on the stablecoin or borrow it against crypto.

OSL offers a yield on USDGO only to professional investors. Jupiter’s market lets other holders earn onchain at rates set by borrower demand.

Jupiter Lend has over $1 billion in active loans. USDGO’s market cap is near $1.1 billion, down from $1.29 billion in mid-October.

The move gives USDGO a lending market on Solana, extending its use beyond payments and trading, as smaller stablecoins seek a larger share of the crypto lending market. Jupiter Lend, the platform’s lending protocol, has more than $1 billion in active loans, the company said this week.

USDGO is issued by Anchorage Digital Bank, with Hong Kong-listed OSL Group acting as its operator and distributor and is backed by reserves that include U.S. treasuries.

OSL offers USDGO holders a yield tied to the federal funds rate, about 3.24% after fees as of May, but only to professional investors on its platform. Jupiter’s market lets other holders earn on the token onchain, at rates set by borrower demand.

Bitget Wallet has also added the lending market to its self-custodial wallet, giving its reported 100 million users access to USDGO lending and borrowing without leaving the wallet.

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The lending market builds on an Oct. 12 integration that brought USDGO trading liquidity to Jupiter Lend through its automated market maker, which uses liquidity infrastructure from decentralized finance protocol Fluid.

The expansion comes as smaller stablecoins compete with Tether's USDT and Circle's USDC, which dominate the market.

USDGO's supply had nearly doubled to $900 million by July, even as the wider stablecoin market shrank. The token’s market capitalization is now close to $1.1 billion, down from about $1.29 billion in mid-October.

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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Commissioned byRealFi

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

#### DTCC adds Solana to Wall Street tokenization plans, targeting 2027 rollout #### UK bank Griffin raises $20 million to expand into stablecoin payments #### Polymarket trims workforce under investor pressure as Kalshi surges ahead

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