Institutional crypto exchange Bullish is providing USD.AI with a $100 million stablecoin facility to support lending backed by artificial intelligence computing infrastructure, according to Cointelegraph. The arrangement is designed to supply liquidity for loans whose underlying collateral is GPU-based infrastructure used for AI computing. The facility links stablecoin funding with lending against physical or infrastructure assets associated with the AI sector. The announcement places Bullish in a financing role while USD.AI uses the liquidity to support its GPU-backed lending activity. No further details on the facility’s terms, duration, interest rates or collateral valuation were provided in the supplied report. The development is relevant to crypto-market participants tracking the overlap between digital-asset liquidity, stablecoin financing and demand for AI computing capacity.
Source
Cointelegraph
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