On August 28, cryptocurrency trading platform Bullish announced that it would provide stablecoin protocol USD.AI with $100 million in stablecoin debt financing to support AI infrastructure loans collateralized by GPUs and other high-performance computing assets. Developed by Permian Labs, USD.AI aims to bridge AI infrastructure financing with on-chain capital, and the value of crypto assets locked in the protocol has now exceeded $225 million. Additionally, Bullish plans to list trading pairs related to USD.AI's yield-bearing token sUSDai, establishing a secondary market for GPU-collateralized debt.