BIT Mining (NYSE: BTCM), a publicly traded cryptocurrency mining company, has announced the launch of DOLAI, a U.S. dollar-backed stablecoin issued on the Solana blockchain.

This launch marks a strategic expansion for BIT Mining beyond its core mining operations and into AI-powered financial infrastructure. The stablecoin is specifically designed for 'Agentic payments,' aiming to create a transactional layer for an economy of AI agents, merchants, and consumers.

The issuance of DOLAI is managed through Brale’s regulated platform, which provides the necessary compliance and oversight framework for the stablecoin. By launching on Solana, the project aims to leverage the network's high throughput and low transaction costs.

This development signals a broader trend of crypto-native firms diversifying their business models. It also highlights the emerging intersection of artificial intelligence and blockchain, where stablecoins are positioned to become a fundamental rail for autonomous economic activity.