USD.AI has secured $13 million in a Series A funding round led by Framework Ventures. The company is developing a stablecoin collateralized by Graphics Processing Units (GPUs), a novel approach in the stablecoin sector. This move highlights a growing trend of exploring alternative asset classes to back stablecoins, moving beyond traditional fiat or cryptocurrency collateral.

The investment from a major venture firm like Framework indicates confidence in the viability of this model and the potential for GPUs to serve as a stable and valuable asset base for decentralized finance (DeFi) protocols. This development comes as the broader stablecoin market continues to expand, with the total market value recently reaching $170 billion.