logo

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

By: theblockbeats.news|2025/08/14 13:11:36

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

15:47

Coinbase Launches Ethereum Staking Loan Service, Allowing Users to Borrow up to $1 Million

15:46

Morgan Stanley Analyst: No Longer Expects Fed to Cut Rates in December, Currently Anticipates Three Rate Cuts in January, April, and June Next Year

15:17

US Stock Crypto Mining Concept Stocks Soar, CIFR Surges Over 14%

15:17

MegaETH will launch its Pre-Deposit Cross-Chain Bridge on November 25, with a limit of 250 million USD.

15:17

Solana Teases Upcoming Major Announcement

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]