Paul
406 posts


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

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








160k. One monthly candle.

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


Crypto card spending is the next big trend: Crypto card spending volume has surged +500% since September 2024, now running at $600 million per month. As a result, stablecoin-linked payment cards are now one of the fastest growing businesses on the blockchain, with 90% of transactions captured by Visa, $V. Visa's strategy has centered around partnering with emerging infrastructure providers which reduces reliance on traditional sponsor banks. The growth comes amid the launch of Jupiter Global which returns 4-10% cash back to crypto cards and has seen +660% MoM volume growth in April. Crypto card adoption is growing.


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.








