The AI boom is colliding with DeFi, and @USDai_Official is right in the middle of it. is building hardware-backed financing for AI infra, with a stablecoin (USDai) and its yield bearing counterpart (sUSDai) that scales alongside global compute demand. Every loan is 1:1 collateralized by GPUs and data centers, bringing real-world yield directly onchain. Early traction: - Already at $160M TVL since public launch in August. - Launched on @arbitrum and announced expansion to @PlasmaFDN - Their @pendle_fi pools have been trending since the last 2 weeks. Honestly, haven't seen such demand for a stablecoin before. Saw that caps opened last Thursday to $160M and was filled in 15 minutes. Because of that buy pressure: - USDai trades at a premium - Highest yielding PT asset on @pendle_fi with ~20% APY - Looping via @eulerfinance with USDC creates a 50%+ APY stablecoin position This is what a new financial primitive looks like: - Faster loan closure (under 7 days vs 60–90 in TradFi) - Yield...
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