USD.AI secures $40M credit line from K3 Capital
- —The $40 million credit line is secured by the sUSDai token and can be replenished
- —USD.AI's loans are for three years with monthly amortization
- —USD.AI previously raised $100 million in debt financing from Bullish
Why it matters: It expands on-chain lending collateralized by GPU infrastructure, reducing AI operators' reliance on equity financing.
Source: PR Newswire Blockchain