The entire chain Rollup L1 network Initia launches its native stablecoin iUSD, supported by Agora's AUSD, and cross-chain via LayerZero. The revenue from iUSD will flow back into the ecosystem, allowing users to provide liquidity on DEX and lend or deposit into the treasury.

Odaily Planet Daily reports that DeFi-native broker Project 0 is about to launch Project 0 Pay, offering users a way to repay credit card debt using the liquidity of their crypto portfolios without selling assets or interrupting income generation. This new feature essentially tracks users' expenses to provide monthly reports and calculates borrowing transactions against their portfolios. If approved, these transactions will cover the expenses for the period without liquidating their holdings. (The Block)

The Arizona State Senate advances SB 1649, proposing the establishment of a "Digital Asset Strategic Reserve Fund" managed by the State Treasurer's Office, allowing the state treasurer to invest and lend seized digital assets. The bill has passed multiple committees, explicitly listing Bitcoin and other digital assets as qualified assets and setting a benchmark threshold. The bill emphasizes that it will not increase the state's fiscal risk.

Figure Technology Solutions will issue a tokenized version of its stock, FGRD, on February 19th. The token will be traded on the Onchain Public Equity Network without the need for traditional clearing systems. Stockholders will be able to lend and borrow through DeFi markets at that time. This issuance is synchronized with a $150 million secondary public offering.

Foresight News: Scroll announces the acquisition of the infrastructure protocol Honeypop. Honeypop is restructuring into two protocols: Scroll Swap (automated market maker), which is now live, and Scroll Lend (a lending market supported by Morpho), coming soon.

Jupiter officially announced that its financial product Jupiter Lend has officially concluded its beta testing, attracting 83,000 users and completing multiple audits. The platform is regarded as the most advanced money market on Solana, with over $2 million in rewards and a $107,000 audit contest.

On February 11, news reports indicated that the White House's second round of consultations on stablecoin regulation failed to reach an agreement between banks and crypto companies. The core disagreement centered on whether "stablecoins can offer yields or rewards to users." Several crypto organizations engaged in discussions with major U.S. banks, but deadlock over key provisions has once again hindered the development of the U.S. stablecoin regulatory framework. The meeting was directly related to the proposed CLARITY Act. This legislation is based on the digital asset regulatory framework proposed by the GENIUS Act and has been passed by the House of Representatives, but the Senate has yet to advance it. The yield provisions are seen as the biggest obstacle. Banks are concerned that if stablecoins offer interest or rewards, it will divert traditional deposits, weaken banks' ability to lend to households and small to medium-sized enterprises, and thus impact financial system stability.

Odaily Planet Daily reports that Jupiter's lending platform Jupiter Lend has announced that it has listed the liquidity staking token dfdvSOL from Solana treasury company DeFi Development (DFDV) as collateral, allowing users to directly lend assets on-chain and release their staked SOL.

Gate News Bot message, February 02, according to CoinMarketCap data, as of press time, JUP (Jupiter) is trading at $0.19, up 4.97% in the past 24 hours, with a high of $0.23 and a low of $0.17. The current market cap is approximately $607 million, an increase of nearly $28.7 million compared to yesterday. Jupiter is a DeFi super app within the Solana ecosystem, integrating multiple functions such as Swap, Terminal, Perps (leverage trading), Lend (lending), Predict (prediction markets), providing users with a one-stop on-chain financial service experience. Among them, Swap offers optimal trading routes, Perps supports leverage trading up to 250x, Lend provides yield opportunities through liquidity mining, and Pred

PANews January 31 News, Jupiter announced the launch of Jupiter Offerbook, a money market on Solana where all assets can be traded without permission. Jupiter Offerbook supports time-based P2P loans without price-based liquidation. Users can borrow and lend using assets such as tokens, RWA, NFTs, and more.