CoinScoopCrypto news from around the world

USD.AI Secures $40 Million Revolving Credit Facility from K3 Capital

链捕手 ChainCatcher ·

AI infrastructure financing protocol USD.AI has secured a $40 million revolving stablecoin credit facility from crypto-native asset manager K3 Capital. The facility, collateralized by sUSDai, offers a three-year term with monthly amortization and allows for flexible, on-demand borrowing and repayment. This funding is intended to support the launch of new products requiring agile short-term capital. USD.AI provides non-dilutive, non-recourse loans to AI infrastructure operators, backed by underlying GPU assets. This agreement builds on an existing liquidity relationship between the two firms and follows a previous $100 million stablecoin debt financing from Bullish.

  • #usd.ai
  • #k3캐피탈
  • #부채조달
  • #스테이블코인
  • #ai

Summaries are written by AI from the original article. Not investment advice.

More from this day