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On August 6, Jupiter announced that its lending protocol, Jupiter Lend, will be launched in phases, starting today with a private beta available to those on the waitlist. The official public launch, scheduled for later in August, will offer a loan-to-value (LTV) ratio of up to 95%, near-zero liquidation penalties, multiple vaults (multiply vaults), and annual percentage yields (APY).

According to a report by Jinse Finance, the U.S. Department of the Treasury has announced that it will auction a total of $100 billion in four-week Treasury bills this week, marking a record high in issuance. The size of this four-week Treasury bill issuance has increased by $5 billion compared to the previous round, while the eight-week and seventeen-week Treasury bill issuances remain unchanged at $85 billion and $65 billion, respectively. The Treasury Borrowing Advisory Committee pointed out that the recent rise in stablecoin issuance has become one of the emerging sources of demand. Under the "Genius Act" promoted by President Trump, stablecoin issuers are required to back their crypto tokens with safe assets such as government bonds, which has indirectly boosted demand for Treasury bills.