Stablecoin Agreement USD.AI Completed 13 million USD Series A Funding
2025-08-14 13:13:42
The stablecoin protocol USD.AI completed a $13 million Series A financing round, led by Framework Ventures, and participated in the investment by Bullish, Dragonfly, Arbitrum, and others. USD.AI developed by Permian Labs, with graphics processing unit (GPU) hardware as collateral to issue loans to artificial intelligence companies. The on-chain system contains USDai, a dollar-pegged token, and sUSDai, an income token backed by revenue-generating computing assets. USD.AI has received $50 million in deposits during private testing and plans to publicly release an ICO and game-based distribution model.
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