USD.AI
USD.AI is a lending protocol developed by Permian Labs, Inc., a Delaware corporation. AI infrastructure firms pledge GPU hardware, tokenized on-chain, as collateral for stablecoin loans. It issues USDai, a dollar-pegged stablecoin, and sUSDai, a yield-bearing token funded by interest on the compute loans. In August 2025 it raised a $13M Series A led by Framework Ventures, with Dragonfly, Arbitrum and YZi Labs participating. In August 2026 Bullish committed a $100M stablecoin debt facility, and over $225M in crypto assets were reported locked in the protocol.
Funding
Every round, secondary, debt facility or acquisition involving USD.AI that AI Lounge tracks, newest first. Latest: Debt financing on Aug 28, 2026.
Timeline · 2
In the news
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