Bullish Provides $100 Million in Stablecoins to USD.AI for AI Chip Financing
Cryptocurrency exchange Bullish (NYSE: BLSH) has committed $100 million in stablecoin funding to USD.AI (CRYPTO: CHIP), a crypto platform that connects investors with companies seeking financing for artificial intelligence infrastructure. The funds will be used by USD.AI to offer loans backed by graphics processing units, which are essential components of AI computing power. Over $225 million worth of crypto assets were locked in the protocol as of Friday. Bullish also announced it plans to list USD.AI's sUSDai token on its exchange and support trading through a market-making program. The partnership reflects Bullish’s broader strategy to integrate traditional financial infrastructure with blockchain technology, including recent moves like acquiring Equiniti for $4.2 billion in May 2026. The deal highlights the growing intersection of AI development and decentralized finance as companies seek new ways to fund high-demand computing resources.
Tickers: $BLSH