Hassan Maishera
Jupiter has opened a lending market for USDGO on Solana, giving holders a way to lend the stablecoin and letting borrowers use existing crypto holdings as collateral. The market is available through Jupiter Lend and directly within Bitget Wallet.
Jupiter Adds Borrowing After USDGO’s Trading Debut
According to the press release shared with Cryptowisser, the lending market is the second phase of USDGO’s integration with Jupiter.
The first phase, which began on Oct. 12, added trading liquidity through Jupiter Lend’s Smart Vaults using Fluid’s liquidity infrastructure. The new market lets users supply USDGO for others to borrow or pledge crypto assets to borrow the stablecoin themselves.
Anchorage Digital Bank issues USDGO, and Hong Kong-listed OSL Group operates and distributes it. The stablecoin is backed one-to-one by liquid assets, including U.S. Treasurys, and is subject to third-party audits.
Jupiter COO Kash Dhanda said the integration gives users a single platform to swap USDGO, supply it as liquidity, or borrow it against their assets.
“USDGO demonstrates exactly what that looks like. Users can swap it, supply it as liquidity, or borrow it against their assets, on the same platform. Anything that comes on-chain, comes together on Jupiter,” the COO added.
Bitget Wallet Brings USDGO Lending Into Its App
Bitget Wallet users can access the Jupiter Lend market directly in the app and authorize transactions from their own wallets. The integration gives the market access to a wallet that Bitget says serves 100 million users worldwide.
Alvin Kan, Bitget Wallet’s chief operating officer, said the integration gives users more ways to use their stablecoins while keeping control of their wallets.
“Stablecoins are evolving into broader financial use cases. Bringing Jupiter Lend's USDGO market into our app gives users more ways to put their digital dollars to work, with self-custody remaining at the center of their experience,” Kan added.
USDGO is a federally regulated and third-party audited U.S. dollar stablecoin purpose-built for the GENIUS era. It is 1:1 backed by high-quality liquid assets, including U.S. Treasuries. Anchorage Digital Bank is the issuer. OSL Group is the brand operator and distributor.
With enterprise-grade services, USDGO aims to become a compliant liquidity and settlement tool connecting Web3 industries and traditional finance with on-chain operations. It enables enterprises to orchestrate global capital through compliant payment rails, effective treasury management, and diverse digital assets access, and is dedicated to the long-term empowerment of the real economy. For more information, please visit USDGO's official website: www.usdgo.com.
Jupiter is the home of onchain finance. Its mission is to make the world’s assets universally accessible and useful. As the leading trading platform on Solana, Jupiter brings everything onchain together in one place: users can discover and trade any asset, from tokens and perpetuals to tokenized stocks and prediction markets; earn through lending, staking, and expert-run vaults; and manage it all with Jupiter Wallet and Portfolio. Jupiter is also the engine behind hundreds of Solana projects, from wallets to institutions, that build on its infrastructure.
Bitget Wallet is a self-custodial crypto wallet built for everyday finance, trusted by over 100 million users globally to save, send, and spend digital dollars and access global markets. The app brings together stablecoin payments, crypto cards, earning products, and access to over 1 million crypto and tokenized real-world assets across 130+ blockchains. Users retain control of their assets, supported by advanced security measures and a $300 million user protection fund.
