DeFi· ★★★· neutral·

Multicoin proposes using AI chips as collateral for stablecoin lending

  • —AI-linked corporate bond issuance hit a record $419 billion in 2026
  • —USD.AI has logged 700+ requests worth $26.5 billion, deployed $420 million
  • —sUSDai yields 6.9% annualized, with withdrawals processed in 30-day cycles
  • —Risks include falling GPU values, borrower defaults and payout delays
Why it matters: The model could open a multi-hundred-billion-dollar AI infrastructure market to DeFi, but shifts hardware risk onto token holders.
Source: CryptoSlate