USD.AI

$CHIP is now live. Intelligence. Progress. Abundance. Financed with $CHIP.

This is the last message. This communication is not directed at residents of the United States, United Kingdom, or other jurisdictions where the distribution of such content may be restricted. USDAI is a non-custodial decentralized protocol providing structured lending infrastructure. USDAI does not custody assets, execute trades, or act as a broker, dealer, or investment adviser. Nothing herein constitutes investment advice, a recommendation, or an offer or solicitation to purchase any digital asset. All interactions are executed directly between users and on-chain smart contracts, subject to applicable protocol terms. Participation involves risk including potential loss of funds. Do your own research.

Read the full biweekly product changelog:

Major updates for the USDAI app now live. - Fully rebuilt asset dashboard with new TVL, staking APY, price and YPO charts plus a new Loans Overview - $CHIP page live with staking, buying, bridging and governance - UI and UX improvements across the app

This is the last message. This communication is not directed at residents of the United States, United Kingdom, or other jurisdictions where the distribution of such content may be restricted. USDAI is a non-custodial decentralized protocol providing structured lending infrastructure. USDAI does not custody assets, execute trades, or act as a broker, dealer, or investment adviser. Nothing herein constitutes investment advice, a recommendation, or an offer or solicitation to purchase any digital asset. All interactions are executed directly between users and on-chain smart contracts, subject to applicable protocol terms. Participation involves risk including potential loss of funds. Do your own research.

Read the full article:

The 2nd largest business in AI is the interest rate of intelligence. USDAI growth objectives: -> $1B in loans -> sUSDai as the interest rate of intelligence -> USDai as the settlement currency for the AI economy @0xzergs on progress and roadmap.

USDAI now ranks 10th among all yielding stablecoins by TVL. 5th once T-bill stable are excluded. Data source: @stablewatchHQ

David from @USDai_Official on the institutional shift happening behind CHIP, why every borrower they have is institutional, and why the AI super cycle has had no real on-chain exposure until now: "We have personally beat out other investment banks in running deals that we've signed. They're starting to view us as a threat. One call we had, she ended it early: 'I think you're a competitor, I can't talk anymore.' We're just cheaper financing, even for the bigger deals. People think we only do small deals, but we're starting to get bigger and bigger. As we attract more capital, we have to deploy in bigger deals to keep up. All of our customers are institutional. There's not a single retail borrower. These chips are expensive: The minimum we lend against is H200s, clusters of eight, that's like 300k. We're working with many of the brand names in San Francisco that are actually in the AI sector. People appreciate the positioning of Chip; it's actually engaging with the AI economy. A lot of people claim to be AI. They're in their own version of AI that they think is AI. But then there's the OpenAIs of the world. There's the Cursors of the world. Real customers, with real backing, that have cash flows. That is what people in our space want exposure to. We just haven't had a good way to do it. There's a reason you can get a loan against an airplane or a Honda Civic, but not a GPU. And GPUs are going to be worth a lot more than cars or airplanes in the future." Clip from the Modern Market interview with @0xZergs

USDAI has crossed $100M in active loans. Current sUSDai APY: 7.26%. Finance Abundance.

USDAI has originated its largest loan to date. Breaking the record for the second time in the same month. Finance Progress.

USDAI's largest loan to date is now active. - $34M. - 96 B200 servers, 768 GPUs in Sweden. Funds are earning 5% in escrow. 12% APR post-execution.

New active loan. - $11M. - 32 B200 servers, 256 GPUs in Texas, USA. Earning 7% while funds sit in escrow. 11.5% APR on execution.

This is the last message. This communication is not directed at residents of the United States, United Kingdom, or other jurisdictions where the distribution of such content may be restricted. USDAI is a non-custodial decentralized protocol providing structured lending infrastructure. USDAI does not custody assets, execute trades, or act as a broker, dealer, or investment adviser. Nothing herein constitutes investment advice, a recommendation, or an offer or solicitation to purchase any digital asset. All interactions are executed directly between users and on-chain smart contracts, subject to applicable protocol terms. Participation involves risk including potential loss of funds. Do your own research.

Read more

USDAI has partnered with Wilmington Trust, a subsidiary of M&T Bank, as Escrow Agent for GPU financings. Under this structure, sUSDai holders earn yield from the moment a loan is signed. Up to 7% APR, approximately 350bps above T-bills.