USDai (USDAI)

.@KyleReidhead: Most of crypto has always been un-investable.

"We make bullsh*t assets that represent nothing."

But what we've actually built well is infrastructure.

And now that infrastructure is being used in the real world - just look at $USDAI.

They're using stablecoins and onchain capital markets to finance GPU purchases. Companies take out a mortgage to buy GPUs, USDAI funds it, you deposit and earn 7.5% APY backed by physical GPUs.

This is what real credit onchain looks like.

.@KyleReidhead: Most of crypto has always been un-investable.

"We make bullsh*t assets that represent nothing."

But what we've actually built well is infrastructure.

And now that infrastructure is being used in the real world - just look at $USDAI.

They're using stablecoins and onchain capital markets to finance GPU purchases. Companies take out a mortgage to buy GPUs, USDAI funds it, you deposit and earn 7.5% APY backed by physical GPUs.

This is what real credit onchain looks like.

.@KyleReidhead: Most of crypto has always been un-investable.

"We make bullsh*t assets that represent nothing."

But what we've actually built well is infrastructure.

And now that infrastructure is being used in the real world - just look at $USDAI.

They're using stablecoins and onchain capital markets to finance GPU purchases. Companies take out a mortgage to buy GPUs, USDAI funds it, you deposit and earn 7.5% APY backed by physical GPUs.

This is what real credit onchain looks like.