Powering the AI Economy: Stablecoins Meet Compute Financing ⚡
USD AI has announced a major partnership with PayPal, with its yield-bearing synthetic dollar, $USDai, now backed by PayPal's stablecoin, $PYUSD. The collaboration aims to create a unified settlement layer for AI infrastructure procurement and financing.
A key component is a customer incentive program launching in early January, offering a 4.5% yield on deposits up to $1 billion for one year. The partnership will allow AI companies to settle infrastructure costs like GPU rentals and data center expenses using the programmable stablecoins.
USD AI $USDai is a protocol that transforms GPU computing power into on-chain collateral, providing financing for AI infrastructure. This integration with PayPal $PYUSD)seeks to bridge decentralized finance with the rapidly growing AI compute market.
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Powering the AI Economy: Stablecoins Meet Compute Financing ⚡
USD AI has announced a major partnership with PayPal, with its yield-bearing synthetic dollar, $USDai, now backed by PayPal's stablecoin, $PYUSD. The collaboration aims to create a unified settlement layer for AI infrastructure procurement and financing.
A key component is a customer incentive program launching in early January, offering a 4.5% yield on deposits up to $1 billion for one year. The partnership will allow AI companies to settle infrastructure costs like GPU rentals and data center expenses using the programmable stablecoins.
USD AI $USDai is a protocol that transforms GPU computing power into on-chain collateral, providing financing for AI infrastructure. This integration with PayPal $PYUSD)seeks to bridge decentralized finance with the rapidly growing AI compute market.
#USDAI #USDai #PayPal #PYUSD #Stablecoin