Binance’s Investment Arm Invests in USD.AI, Stablecoin Protocol with AI Focus

YZi Labs, the rebranded investment arm of cryptocurrency exchange Binance, has made a strategic investment in USD.AI, a stablecoin protocol that utilizes artificial intelligence (AI) technology to provide funding for AI infrastructure development. The specific investment amount was not disclosed, but the move is expected to support USD.AI’s goal of creating a synthetic stablecoin solution that can scale with global computing demand. 💰