Bullish Provides $100M Stablecoin Facility to USD.AI for AI Infrastructure Financing
Bullish, a digital asset platform listed on NYSE (ticker: BLSH), has provided USD.AI with a $100 million stablecoin-based liquidity facility. This funding will support USD.AI's GPU financing ecosystem by enabling the company to lend capital directly against high-performance computing assets. The partnership aims to expand institutional participation in AI infrastructure credit markets, which are growing rapidly and now rival traditional debt sectors like auto loans and HELOCs. Bullish plans to deepen secondary liquidity for GPU-backed debt through new trading pairs involving sUSDai on its exchange platform. This initiative is expected to enhance transparency around the cost of compute resources. Bullish's Head of Tokenization, Thomas Cowan, emphasized that USD.AI’s transparent onchain operations allowed them to apply institutional underwriting standards. David Choi, CEO of Permian Labs (developer of USD.AI), noted Bullish as a key partner in scaling this emerging asset class and broadening market access.
Tickers: $BLSH
Topics: AI infrastructure GPU financing onchain assets stablecoin liquidity