USD.AI hits $659M TVL, launches GPU lending exchange GLX
- —TVL topped $659M with cumulative originations above $420M
- —Largest loan: $128.9M for 32 GB200 NVL72 systems in British Columbia
- —A $54.4M loan to Hydra Host backed by 1,040 B300 GPUs yields 10%
- —K3 Capital extended a $40M stablecoin revolving credit line against sUSDai
Why it matters: The growth of GPU-backed lending shows AI infrastructure is becoming a new collateral class in DeFi.
Source: Blockmedia