- BNB Chain integrates JUSD stablecoin backed by U.S. money market assets for seamless 24/7 redemptions.
- Jiritsu Network ensures JUSD transparency using zkMPC to verify backing from the BENJI fund.
BNB Chain has welcomed a new stablecoin called JUSD, issued by Jiritsu Network. But wait, this is not just an ordinary stablecoin. JUSD brings an interesting concept because it technically pegs its value to money market assets and US government bonds.
Furthermore, Jiritsu Network does not make random claims about the support of this asset. They use zkMPC-based verification technology, which allows the system to verify that the JUSD token is truly backed by funds from the BENJI Money Market Fund.
This means that there is transparency and reliable evidence, not just promises. This is very important in the midst of conditions where trust in stablecoins is still often questioned.
BNB Chain welcomes $JUSD, issued by @Jiritsu_Network, a next-generation stablecoin tokenizing @FTI_US BENJI Money Market Fund 🤝
Learn more 👇https://t.co/1fK9qbuBi2
— BNB Chain (@BNBCHAIN) April 6, 2025
BNB Chain: Strengthening Liquidity and Expanding DeFi Utility
The integration of JUSD is clearly not the only step by BNB Chain in enriching its ecosystem. Previously, they also welcomed two tokens from Ethena, namely USDe and sUSDe.
CNF has reported that both tokens are now available for use on major DeFi protocols on BNB Chain, such as PancakeSwap, Venus, and Pendle. So, users have more options to interact in the DeFi world without having to leave the same ecosystem.
On the other hand, BNB Chain launched a $100 million Permanent Liquidity Support Program on March 24, 2025. This program focuses on assisting native tokens listed on prominent crypto exchanges to have improved liquidity.
They also promote the use and holding of these coins by users by supporting their inclusion in the ecosystem. In the crypto space, liquidity is often the difference between a project that is stagnant and one that continues to grow.
Empowering Web3 Startups From the Ground Up
Interestingly, BNB Chain does not only focus on established projects. They also show a strong commitment to young developers and early-stage projects. They recently announced the 16 projects that have qualified for Season 9 of their Most Valuable Builder (MVB) accelerator program.
The program is designed to provide access to funding, technical support, and broader exposure. So it’s not just the big boys who are given a platform—even startups are given a chance to shine.
Imagine being a developer with a great concept for a Web3 project but limited resources. A program like MVB can provide you the support need to launch your project. It’s not only about money; it’s also about validation from a mature ecosystem, networking, mentorship, and support.
Making Token Transfers Smoother Across Chains
In addition to introducing stablecoins and supporting early-stage projects, BNB Chain is also moving into the realm of interoperability. CNF previously reported that BNB Chain has partnered with Merlin Chain to build a cross-chain bridge.
The partnership aims to streamline the movement of tokens between chains and increase liquidity incentives so that digital assets can be more easily moved and utilized across different ecosystems. Meanwhile, as of press time, BNB is swapped hands at about $525.88, down 10.56% over the last 24 hours.
