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United States · Fintech · AI
Permian Labs develops USD.AI, a credit protocol that finances AI infrastructure. The protocol issues USDai and yield-bearing sUSDai, then connects depositor liquidity to loans secured by GPU assets so compute operators can fund hardware deployments and capital providers can access exposure to those loans; it is operating with infrastructure-financing partners.
| Announced | Round | Amount | Investors |
|---|---|---|---|
| Stablecoin-based revolving debt facility | $40M | K3 Capital — Participant |