5 hours ago

YZi Labs Backs USD.AI as AI Stablecoin Tops $62M TVL and Expands Crypto Infrastructure

TLDR: YZi Labs confirmed its investment in USD.AI, a hardware-backed stablecoin designed to finance AI infrastructure with crypto credit. USD.AI surpassed $62 million in Total Value Locked after securing partnerships with firms including K3 Capital and Euler. The protocol offers lending backed 1:1 by AI hardware, reducing closure time from months to under a week. [...]

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Source: Blockonomi →