logo

Stablecoin protocol USD.AI has completed a $13 million Series A funding round, led by Framework Ventures.

By: theblockbeats.news|2025/08/14 13:42:15

BlockBeats News, August 14th, according to CoinDesk, USD.AI, a stablecoin protocol providing credit for AI, has completed a $13 million Series A financing round. The round was led by Framework Ventures, with participation from Bullish, Dragonfly, Arbitrum, and others. USD.AI, developed by Permian Labs, uses Graphics Processing Unit (GPU) hardware as collateral to lend to AI companies. The on-chain system includes the USD-pegged token USDai and an income-generating computing asset-backed yield token called sUSDai. During a private testing phase, USD.AI has already received $50 million in deposits and plans to publicly launch an ICO and a game-based distribution model.

Ethereum Drops Below $4500
James Wynn: Shiba Season Will Be Delayed

You may also like

Share
copy

Gainers

Latest Crypto News

01:15

CZ Denies Rumor: Jackie Chan to Portray CZ in Netflix Documentary Biopic <em>Crypto Kingpin</em> is Fake News

01:15

In the past 24 hours, the total net liquidation across all platforms was $368 million, with the primary liquidated positions being short.

01:15

Federal Reserve's Kashkari: While AI Does Have Practical Use Cases, Cryptocurrency Space Does Not

01:15

SlowMist Warning: Some users' Monad airdrop is hijacked to hacker's address

01:15

Multicoin Capital has once again purchased 61,637 AAVE tokens today, worth $10.94 million.

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]