Jun 13
USDai Crosses $20M in Yield Paid as GPU-Backed Loans Grow
USDai tops $20M in yield paid as GPU-backed loans near half of reserves, with staking yields around 8% APY, well above most stablecoin peers.
➤ USDai, a decentralized stablecoin protocol, has paid over $20 million in yield, driven by growing demand for its GPU-backed lending model. ➤ The protocol offers an attractive staking yield of around 8% APY, significantly higher than most stablecoin peers, by diversifying collateral beyond traditional Treasury bills to include loans secured by physical GPU hardware for AI infrastructure. ➤ While USDai's supply is substantial, its on-chain liquidity remains modest, with most activity concentrated on the Arbitrum network.