Jupiter

Token

Chewy

<ul>
 <li>Jupiter Exchange integrates PayPal’s PYUSD, expanding digital asset offerings and enhancing transaction capabilities.</li>
 <li>CLOUD and DBR tokens launch on Jupiter’s LFG launchpad, with key votes on JUP token supply and ASR renewal upcoming.</li>
 <li>Roaring Kitty’s 6.6% stake in Chewy triggers a 34% stock rally, reflecting significant moves in the stock trading space.</li>
</ul>
<p>Jupiter Exchange has announced the integration of PayPal’s new stablecoin, PYUSD, into its <a href="https://cryptonewsland.com/jupiter-dex-embraces-blinks-unveiling-the-future-of-decentralized-exchanges-will-jup-set-a-new-ath/" rel="noopener noreferrer nofollow">decentralized exchange (DEX)</a> as of July 1. This development marks an expansion of Jupiter’s digital asset offerings and enhances the platform’s transaction capabilities.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">JUST IN: <a href="https://twitter.com/PayPal?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@PayPal</a>'s <a href="https://twitter.com/search?q=%24PYUSD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PYUSD</a> goes live on <a href="https://twitter.com/JupiterExchange?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@JupiterExchange</a>.<br><br> <a href="https://t.co/foQDfSsk7z" rel="noopener noreferrer nofollow">pic.twitter.com/foQDfSsk7z</a></p>— SolanaFloor (@SolanaFloor) <a href="https://twitter.com/SolanaFloor/status/1807768515371565276?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 1, 2024</a>
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<p><strong>PYUSD Integration on Jupiter</strong></p>
<p>With the integration of <a href="https://www.paypal.com/us/digital-wallet/manage-money/crypto/pyusd" rel="noopener noreferrer nofollow">PYUSD</a>, Jupiter users now have access to PayPal’s stablecoin across all payment platforms integrated with Jupiter, including Sphere Labs and Helio Pay. This addition aims to provide more options for transactions and potentially increase the platform’s user base and transaction volume.&nbsp;</p>
<p>The collaboration between Jupiter and PayPal highlights a growing trend of traditional financial institutions entering the digital asset space, which could lead to further partnerships in the future.</p>
<p><strong>Upcoming Token Launches and Votes</strong></p>
<p>Jupiter Exchange also shared its plans for several events over the next two months. In mid-July, the CLOUD token from Sanctumso will be launched on Jupiter’s LFG launchpad. Additionally, the Jupiverse will conduct three critical votes, launch two new tokens, and reward Catdets.</p>
<p>July will feature the inaugural Active Staking Rewards (ASR) claim for those who voted on proposals from March to June. Before the end of the month, the first J4J vote will take place, focusing on reducing long-term emissions and the JUP token supply by 30%.</p>
<p>In August, Jupiter will hold a vote on the continuation of Jupuaries, where users receive a JUP airdrop for using Jupiter products. Following this, deBridgeFinance will launch its $DBR token on the LFG launchpad. The month will conclude with a vote on the renewal of ASR beyond the first two quarters.</p>
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   <p lang="en" dir="ltr">Buckle up.<br><br>Over the next two months, the Jupiverse will have 3 critical votes, 2 token launches, and 1 delightful reward for Catdets everywhere.<br><br>Here’s the high-level view of where we’re going, together:<br><br>July kicks off with the inaugural Active Staking Rewards (ASR) claim for… <a href="https://t.co/7meu4n6FT2" rel="noopener noreferrer nofollow">pic.twitter.com/7meu4n6FT2</a></p>— Jupiter <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1fa90.png" alt="🪐" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@JupiterExchange) <a href="https://twitter.com/JupiterExchange/status/1807792180112847237?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 1, 2024</a>
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<p><strong>Roaring Kitty’s Investment in Chewy</strong></p>
<p>In other news, Roaring Kitty, also known as Keith Gill, disclosed his ownership of 9,001,000 shares of Chewy (CHWY), or 6.6% of the company, <a href="https://x.com/wallstengine/status/1807722753706844659" rel="noopener noreferrer nofollow">in an SEC 13G filing</a>. According to the June 28 filing, Gill is listed as an individual investor who owns a sizeable portion of the pet supply company..</p>
<p>Gill, who previously gained fame for his involvement in the <a href="https://cryptonewsland.com/gamestop-shares-surge-over-47-as-keith-gill-announces-return-to-livestreaming/" rel="noopener noreferrer nofollow">GameStop stock rally</a>, has returned to the public eye after a three-year hiatus. His investment in Chewy led to a 34% rally in the stock, with his ownership valued at $245 million.These developments highlight movements within the digital asset and stock trading spaces, reflecting ongoing trends and investor interests.</p>
<h4 class="wp-block-heading" id="h-read-also">Read also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/huobi-becomes-first-exchange-to-list-paypals-pyusd/" rel="noopener noreferrer nofollow">Huobi Becomes First Exchange to List PayPal’s PYUSD</a></li>
 <li><a href="https://cryptonewsland.com/coinbase-announces-support-for-paypals-pyusd-stablecoin/" rel="noopener noreferrer nofollow">Coinbase Announces Support for PayPal’s PYUSD Stablecoin</a></li>
 <li><a href="https://cryptonewsland.com/justin-sun-invites-paypal-to-issue-pyusd-on-tron/" rel="noopener noreferrer nofollow">Justin Sun Invites PayPal to Issue PYUSD on TRON: A Thriving Ecosystem Awaits</a></li>
 <li><a href="https://cryptonewsland.com/paypals-stock-dumps-as-banking-regulators-warn-on-stablecoin-issuance/" rel="noopener noreferrer nofollow">PayPal’s Stock Dumps as Banking Regulators Warn on Stablecoin Issuance</a></li>
 <li><a href="https://cryptonewsland.com/solana-price-prediction-ethereum/" rel="noopener noreferrer nofollow">Solana Price Prediction 2024 to 2031:&nbsp; Will SOL Reach $200 Soon?</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/jupiter-exchange-announces-major-developments-pyusd-integration-and-upcoming-token-launches/" rel="noopener noreferrer nofollow">Jupiter Exchange Announces Major Developments: PYUSD Integration and Upcoming Token Launches</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Jupiter Exchange Announces Major Developments: PYUSD Integration and Upcoming Token Launches

Crypto News Land

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