USD.AI July Recap: $81M in GPU Loans Deployed and Aave ARFC Passed In July, The protocol deployed $81 million in GPU-backed loans, with $69.7 million entering escrow and $11.3 million moving to funded deployment. Aave governance advanced USDai and sUSDai onboarding, while new markets expanded their utility across DeFi. At publication, sUSDai has reached a new all-time high of $349.5 million. USD.AI has $436.8 million in TVL, with sUSDai earning 8.61% gross APY and 7.46% net APY. Loan Book Growth Hydra Host: $54.4M Enters Escrow On July 20, a $54.4 million loan for Hydra Host moved into escrow. The financing backs 1,040 NVIDIA B300 GPUs and marks the beginning of Hydra Host’s season-and-sell program, the first of its kind in GPU finance. Once the hardware is delivered, installed, and verified, the loan will enter active deployment and earn 10% APY. QumulusAI: New $15.3M Loan and Nasdaq Listing On July 13, a new $15.3 million loan for QumulusAI moved into escrow. The loan is the latest draw under USD.AI’s $500 million QumulusAI facility, following previous financings of $4.3 million and $16.4 million. QumulusAI also made its Nasdaq debut in July under the ticker QMLS. Texas B200 Deployment Goes Live On July 6, USD.AI executed an $11.3 million loan backed by 32 NVIDIA B200 Blackwell servers. The 256 GPUs are now online in Texas, and capital has been released from escrow to the borrower. The position now earns 11.5% APY, up from 7% while the capital was held in escrow. Together, these updates show GPU-backed capital progressing from origination and escrow to verified deployment and active yield. DeFi Expansion Aave ARFC Passed for USDai and sUSDai Before the vote, Chaos Labs and LlamaRisk independently reviewed USDai and sUSDai and recommended both as collateral on Aave V3 Arbitrum. On July 24, the Aave community passed the ARFC, advancing the assets toward the remaining governance and implementation steps. Read the Aave governance discussion or view the Snapshot vote. New PT Markets on Morpho On July 1, new PT-USDai-15OCT borrow markets became available on @Morpho, curated by @SteakhouseFi. All available markets and Allo Game Season 2 points opportunities are listed on the USD.AI Opportunities page. Earn points through October 14, 2026 for S2 $CHIP airdrop. Insights The $2T Compute Financing Middle Market @_ConorMoore, COO and Co-Founder of Permian Labs (developer of USD.AI), published The $2T Compute Financing Middle Market. Over eight months, USD.AI saw $13 billion in prospective financings across more than 200 neoclouds in this category. The segment is estimated to represent $2 trillion in compute spending through 2030. For crypto, the gap creates an opportunity to channel stablecoin capital into productive infrastructure and transform GPU-backed credit into composable onchain assets. Read the full article. Galaxy Research: Inference Capital Markets Galaxy Research’s Inference Capital Markets report examines where crypto-AI is already finding real customer demand and where adoption still depends on token incentives. It highlights GPU financing because demand comes from neoclouds that need capital, while returns come from borrower repayments rather than token emissions. The report uses USD.AI as its main example of stablecoin capital funding real AI infrastructure and bringing GPU credit onchain. Read the full report. Looking Ahead With the compute middle market projected to represent $2 trillion in spending through 2030, demand for flexible GPU financing is clear. In August, USD.AI expects continued momentum across borrower growth, institutional adoption, and onchain expansion.

USD.AI July Recap: $81M in GPU Loans Deployed and Aave ARFC Passed In July, The protocol deployed $81 million in GPU-backed loans, with $69.7 million entering escrow and $11.3 million moving to funded deployment. Aave governance advanced USDai and sUSDai onboarding, while new markets expanded their utility across DeFi. At publication, sUSDai has reached a new all-time high of $349.5 million. USD.AI has $436.8 million in TVL, with sUSDai earning 8.61% gross APY and 7.46% net APY. Loan Book Growth Hydra Host: $54.4M Enters Escrow On July 20, a $54.4 million loan for Hydra Host moved into escrow. The financing backs 1,040 NVIDIA B300 GPUs and marks the beginning of Hydra Host’s season-and-sell program, the first of its kind in GPU finance. Once the hardware is delivered, installed, and verified, the loan will enter active deployment and earn 10% APY. QumulusAI: New $15.3M Loan and Nasdaq Listing On July 13, a new $15.3 million loan for QumulusAI moved into escrow. The loan is the latest draw under USD.AI’s $500 million QumulusAI facility, following previous financings of $4.3 million and $16.4 million. QumulusAI also made its Nasdaq debut in July under the ticker QMLS. Texas B200 Deployment Goes Live On July 6, USD.AI executed an $11.3 million loan backed by 32 NVIDIA B200 Blackwell servers. The 256 GPUs are now online in Texas, and capital has been released from escrow to the borrower. The position now earns 11.5% APY, up from 7% while the capital was held in escrow. Together, these updates show GPU-backed capital progressing from origination and escrow to verified deployment and active yield. DeFi Expansion Aave ARFC Passed for USDai and sUSDai Before the vote, Chaos Labs and LlamaRisk independently reviewed USDai and sUSDai and recommended both as collateral on Aave V3 Arbitrum. On July 24, the Aave community passed the ARFC, advancing the assets toward the remaining governance and implementation steps. Read the Aave governance discussion or view the Snapshot vote. New PT Markets on Morpho On July 1, new PT-USDai-15OCT borrow markets became available on @Morpho, curated by @SteakhouseFi. All available markets and Allo Game Season 2 points opportunities are listed on the USD.AI Opportunities page. Earn points through October 14, 2026 for S2 $CHIP airdrop. Insights The $2T Compute Financing Middle Market @_ConorMoore, COO and Co-Founder of Permian Labs (developer of USD.AI), published The $2T Compute Financing Middle Market. Over eight months, USD.AI saw $13 billion in prospective financings across more than 200 neoclouds in this category. The segment is estimated to represent $2 trillion in compute spending through 2030. For crypto, the gap creates an opportunity to channel stablecoin capital into productive infrastructure and transform GPU-backed credit into composable onchain assets. Read the full article. Galaxy Research: Inference Capital Markets Galaxy Research’s Inference Capital Markets report examines where crypto-AI is already finding real customer demand and where adoption still depends on token incentives. It highlights GPU financing because demand comes from neoclouds that need capital, while returns come from borrower repayments rather than token emissions. The report uses USD.AI as its main example of stablecoin capital funding real AI infrastructure and bringing GPU credit onchain. Read the full report. Looking Ahead With the compute middle market projected to represent $2 trillion in spending through 2030, demand for flexible GPU financing is clear. In August, USD.AI expects continued momentum across borrower growth, institutional adoption, and onchain expansion.

Source:https://x.com/USDai_Official/status/2085080014618316816