USD.AI, developed by Permian Labs, operates a stablecoin-based lending protocol that accepts GPUs as collateral to underwrite credit for AI startups. The protocol issues USDai (a dollar-linked token) and sUSDai (a yield-bearing version backed by revenue-generating compute assets). USD.AI says its GPU-collateral model reduces loan approval times by more than 90% compared with traditional lenders. The company targets small AI firms that are often excluded from conventional financing channels. During a private beta USD.AI collected $50 million in deposits. It plans a public launch that will include an initial coin offering (ICO) and a game-based token allocation model.

Total raised

$13M

Funding rounds

1

Latest round

Series A

Latest activity

Aug 2025