USD.AI Raises $13.4M Series A Funding to Revolutionize AI Credit Protocol

USD.AI, a stablecoin protocol developed by Permian Labs, launched with a $13.4 million Series A funding round led by Framework Ventures. This marks a pivotal moment in the integration of AI and DeFi, offering decentralized credit for AI on Arbitrum. The innovative platform allows users to deposit USDC for yield-bearing tokens. USD.AI’s strong initial response is evident in $50 million raised during private beta testing, showcasing investor confidence in this novel DeFi solution. ]