PANews reported on August 14th that stablecoin protocol USD.AI announced the completion of a $13 million Series A funding round, led by Framework Ventures and with participation from Bullish , Dragonfly , and Arbitrum. Developed by Permian Labs , USD.AI specifically provides GPU hardware-backed loans to AI companies, increasing approval efficiency by over 90% . The project has secured $50 million in deposits and plans a public ICO using a gamified distribution model.