TechFlow news, August 14 — According to CoinDesk, USD.AI, a GPU-backed stablecoin protocol developed by Permian Labs, has raised $13 million in Series A funding led by Framework Ventures, with participation from Bullish, Dragonfly, Arbitrum, and others.
The protocol offers loans to emerging AI companies by using graphics processing units (GPUs) as collateral, reducing approval times by over 90% compared to traditional lenders. The system includes the dollar-pegged stablecoin USDai and sUSDai, a yield-bearing token backed by returns from computing assets.




