StableCOin -protocol USD.AI giving credit to artificial intelligence (AI) Companies have collected $ 13 million in Serie A financing led by framework conditions.
USD.AI, developed by Permian Labs, sends out loans to new AI companies using graphics treatment unit (GPU) Hardware as security cuts approval times by more than 90% compared to traditional lenders. The on-chain system includes USDAI, a dollar-pointed token and Susdai, a yielded version supported by income-generating computer assets.
GPUs are basic hardware for AI processes through the performance of the many calculations at once required to make the process of exercising and using AI models much faster.
CEO David Choi said that USD.AI’s model “treats GPUs as raw materials” that enable fast, programmatic loan approvals without conventional gategaging, in a message shared with Coindesk on Thursday.
Framework’s Vance Spencer compared AIS capital requirements for “oil boom” and said USDAI could democratize access to funding while offering investors who provide tied to the AI sector’s growth.
With $ 50 million already in deposits under private beta, USDAI is planning a public launch with an ICO and a game -based allocation model.
USD.AI may represent the potential of a convergence between stableecoins, which has been at the forefront of the legislative progress in digital assets, and AI, which has risen to Mainstream Recovery in recent years.
Together, the two could create a more intelligent and efficient financial system. This synergy allows AI agents to act autonomously and reliably using a stable currency, which improves financial automation, security and risk management across different uses from payments to decentralized financing.
CORRECTION (August 14, 13:20 UTC): Removes incorrect mention of participating investors from the “What to Know” section
