USD.AI Overview

USD.AI provides AI infrastructure operators with strategic, non-dilutive financing facilities essential for their scale requirements. The protocol delivers non-recourse loans secured by GPU infrastructure and asset level cashflows, offering capital providers exposure to liquid, transparent and tradable credit products secured by income-producing compute assets.

• USDai is a stablecoin backed 1:1 by PYUSD. Mint with PYUSD, USDC, or USDT at app.usd.ai. Redeem anytime. No yield.
• sUSDai is yield-bearing. Current APY: 6.84%. Expected APY as the loan book fills: ~10-12%
• $CHIP is the protocol’s utility and governance token.

Yield has two sources.

• Idle capital earns 4.5% via PYUSD.
• Deployed capital earns interest from borrowers. Usually borrowers are GPU operators and neoclouds like Qumulus AI and Sharon AI.

Traction

• USDAI ranks 10th among all yielding stablecoins by TVL. 5th once T-bill stable are excluded.

• Over $12B+ sUSDai traded. Over $15M all-time yield paid out.

  

• $106.7M active loans, including executed loans and escrowed loans. See recent $26.8M deal with Crucible Capital.

• Current loan pipeline (only deals with term sheets signed will be added to the pipeline) is over $214M, with over $1.2bn approved facilities (Sharon AI and Qumulus AI)

• USDAI has originated its largest loan to date, setting a new high-water mark for the fourth consecutive month.

https://x.com/USDai_Official/status/2049894686090018907

Mint & Redeem

USDai: Mint directly on app.usd.ai with PYUSD, USDC, or USDT. Redeem anytime.

sUSDai: Mint and redeem directly on app.usd.ai. Won’t be affected by the KYC-gated update.