Bullish Makes $100M AI Credit Bet With GPUs Serving as Collateral

On Friday, the institutionally focused digital asset exchange Bullish announced it has extended a $100 million stablecoin debt facility to USD.AI in order to finance loans secured by graphics processing units (GPUs). Alongside this, the company noted that it plans to list USD.AI’s yield-bearing crypto asset sUSDai on the trading platform as well. Bullish Puts […]

Source: https://news.bitcoin.com/featured/bullish-makes-100m-ai-credit-bet-with-gpus-serving-as-collateral/