Yzi Labs, an investment capital company that has been established by Binance ChangPeng Zhao and Yi He, has strategic investments in USD.AI, a Stablecoin protocol that benefits from artificial intelligence devices (AI) as a guarantee. This step highlights the increasing trend within the ecosystem of the encrypted currency to integrate the Blockchain technology with infrastructure in the real world, especially in the highly demanding artificial intelligence sector. According to USD.AI, Stablecoin is designed to be a boredom of return and supported by artificial intelligence devices, where operators can use their GPU processing units as a guarantee to secure financing to expand their operations [3].
This innovative USD.AI model allows 1: 1 StableCoins version 1: 1 with the value of the basic artificial intelligence devices. David Choi, co -founder of USD.AI, also explained, the initiative aims to create a “financial primitive” for artificial intelligence builders who lack the traditional Wall Street Etisalat. Therefore, Stablecoin works as a developed financial tool for artificial intelligence developers and startups, allowing them to reach capital without the need for traditional financial brokers [3].
To date, USD.AI has made $ 62 million in the total closed value (TVL), indicating a large traction inside the Defi area. The protocol has also formed partnerships with many lending platforms, including K3 Capital, Concrete, EURER and Pendle, which provides liquidity and support for the USD.AI. ecosystem. Dana Hou, the Yzi Labs investment partner, emphasized the company’s focus on supporting projects that link Blockchain with real world applications. The investment is a wider trend for the DEFI protocols that seek to distinguish concrete assets to enhance liquidity and easy access to it [3].
Users interested in participating in the international dollar system can. The program provides two strategies for agriculture – both basic and applicants – with different return capabilities. The basic strategy provides 6 % annual return with Allo 2X points per day, while the advanced strategy provides an annual yield of 16 % and 10 x allo. These strategies are designed to encourage early participation and the reward of community participation, with an additional 10 % referral system to user revenues [2].
Usd.ai Stablecoin is currently available on decentralized stock exchanges such as Curve (induction), where a trading volume of 984,961.17 dollars in the past 24 hours recorded. Market data shows that the US dollar (USD.AI) is ranked 765 on Coixcko, with the BTC4666660 market capitalization and fully diluted evaluation of BTC466.5811. The circulating offer of the distinctive symbol is 53 million, and its price has turned within a range of BTC0.058030 to BTC0.059387 [1].
Despite promising growth measures, the model provides unique risks due to the volatility of artificial intelligence devices. Unlike the traditional Stablecoins of FIAT or Crypto, the value of the US dollar is derived from the sophisticated surrounding scene quickly. This includes factors such as decrease in devices, technological statute of limitations, and market demand transformations. Therefore, while the model offers an innovative approach to ensuring the Amnesty International’s infrastructure, it also represents challenges in maintaining a long -term value in the long term. Analysts suggest that the success of the US dollar [3].
source: [1] Usdai direct price plan, market cover today (https://www.coingecko.com/en/coins/usdai) [2] Usd.ai Airdop »How to be eligible? (https://airrops.io/usd-ai/) [3] Yzi Labs invests in usd.ai stablecoin, with the support of artificial intelligence … (https://crypto.News/yzi-labs-invests-in-wei-a-stablecoin-backed-by-ai-ai-hadware/)
