USD.AI is pleased to announce its official launch. Points earned from deposits will be used for future airdrops and public offering quotas.

BlockBeats News, August 19, USD.AI, a stablecoin protocol providing credit to AI, announced its official launch. Users can deposit USDC on the Arbitrum network to exchange for USDai, and then further pledge to exchange for sUSDai. Depositors will receive points, which will be used for future airdrops and public sale quotas.

Earlier reports stated that USD.AI completed a $13.4 million Series A financing round, led by Framework Ventures, with participation from Bullish, Dragonfly, Arbitrum, and others.