NEW YORK, Sept. 15, 2026 /PRNewswire/ — USD.AI has secured a $40 million stablecoin-based revolving debt facility from K3 Capital to support the launch of new financing products. The facility provides USD.AI with short-term credit collateralized by sUSDai, which can be drawn, repaid and reused as needed.
USD.AI’s loans run three years and amortize monthly, while capital can enter and exit sUSDai on a far shorter cycle. Borrowing against sUSDai lets USD.AI meet that gap with short-term credit rather than with idle capital, keeping a higher share of the pool deployed in loans.
“K3 Capital’s strategy is built on identifying such market-structure inefficiencies and supporting teams we trust,” said Kiril Nikolov, Co-Founder of K3 Capital. “Rather than see sUSDai sit underdeployed, we are happy to extend short-term credit collateralized with sUSDai and help the team close out its roadmap. This is not a standalone deal for us; it is a service we provide to the protocols we have vetted and actively work with.”
The facility builds on an existing liquidity relationship between K3 and USD.AI and reflects K3’s broader practice of providing such facilities to protocols it has vetted and works with on an ongoing basis.
“We’re preparing to launch a new product that requires a more flexible source of short-term capital,” said David Choi, CEO of Permian Labs (developer of USD.AI). “K3 was able to design an onchain credit facility around that need, giving USD.AI the liquidity to support new initiatives as we continue expanding the platform.”
The K3 facility follows USD.AI’s recently announced $100 million stablecoin-based debt facility with Bullish, further expanding the range of capital available to support USD.AI’s growth.
About USD.AI
USD.AI provides AI infrastructure operators with strategic, non-dilutive financing facilities essential for their scale requirements. The protocol delivers non-recourse loans secured exclusively by the underlying GPU infrastructure, isolating risk from the corporate balance sheet. USD.AI’s financing is asset-backed, transparent, and settled on-chain, providing capital providers with direct exposure to income-producing compute assets. For more information, visit https://usd.ai/.
About K3 Capital
K3 Capital is a crypto-native asset manager focused on non-directional, DeFi-native strategies. Since 2021, the firm has managed funds across interest rate arbitrage, liquidity provision and TVL bootstrapping for emerging DeFi primitives. K3 Capital works with leading protocols and high-net-worth investors, with a focus on conservative, proactive risk management and delta-neutral yield strategies.
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SOURCE USD.AI
