USD.AI Secures $13M Funding to Revolutionize GPU-Backed Stablecoin Lending
Another day, another crypto startup cashing in on the AI hype—but this one's got a twist.
USD.AI just locked down $13 million to expand its niche play: using GPUs as collateral for stablecoin loans. Because apparently, your grandma's savings account wasn't risky enough.
The GPU Gambit
Forget boring old real estate or stocks. The platform lets borrowers stake high-value graphics cards as loan security—because nothing says 'stable' like hardware that loses 40% of its value when the next-gen chips drop.
Why This Matters
It's a hedge against both crypto winters and AI bubbles. When ETH crashes, your mining rig still has residual value. When AI startups implode, there's always degenerate traders needing leverage.
The Fine Print
Rates start at 8% APY for lenders. Borrowers get liquidated faster than a Twitter crypto influencer's reputation when NVIDIA announces new inventory.
Bottom line: In a world where 'stablecoin' and 'GPU-backed' coexist, maybe the real collateral is our collective sanity.