Bullish has provided USD.AI with a $100 million stablecoin debt facility to fund loans secured by graphics processing units used in artificial intelligence infrastructure. Bullish said in a Friday announcement that the facility will give USD.AI capital to finance operators…
The commitment will fund more GPU loans; USD.AI’s API reported $265 million in loan reserves and $491 million in TVL.
The institutional crypto exchange is providing $100 million in stablecoin liquidity to support loans backed by AI computing infrastructure.