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Crypto DeFi

Jupiter launches Universal Deposit for cross-chain USDC

Jupiter announced the launch of Universal Deposit, a cross-chain deposit feature enabling users to send tokens from any supported chain and receive USDC directly in their Solana wallet. The feature automatically handles routing, bridging, and swapping, supporting Ethereum, Base, Arbitrum, and Sui, with a flat fee of $0.30.

Original source

AI take

This move positions Jupiter as a smoother on-ramp into Solana's liquidity, effectively commoditizing the bridging layer by hiding its complexity. The flat fee undercuts typical multi-hop costs, which could pressure other aggregators and bridge protocols to simplify their UX or adjust pricing. The real test is whether the supported chain set expands and whether reliability holds as volume grows, since execution risk now sits squarely on Jupiter's routing engine.

Generated by AI for reference only.

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