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3 sourcesTracking since 28 Aug, 16:17

Bullish provides USD.AI $100M stablecoin facility for GPU-backed lending

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28 August
Latest28 Aug, 21:27
Bullish provides USD.AI $100M facility for GPU loans
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…
Crypto.news•Lawrence Mondal
Follow-up28 Aug, 17:50
Bullish Provides USD.AI $100 Million Facility for GPU-Backed Loans
The commitment will fund more GPU loans; USD.AI’s API reported $265 million in loan reserves and $491 million in TVL.
The Defiant•The Defiant Team
First seen28 Aug, 16:17
Bullish provides USD.AI $100M stablecoin facility for GPU-backed lending
The institutional crypto exchange is providing $100 million in stablecoin liquidity to support loans backed by AI computing infrastructure.
Cointelegraph•Cointelegraph by Nate Kostar