The AI Arms Race Token?
View in Browser
Sponsor: Ready (formerly Argent) — Spend USDC worldwide with zero FX fees and up to 3% cashback.
- 🕰️ CME's Around-the-Clock Crypto Trading to Kick Off Soon. CME Group plans on launching 24/7 cryptocurrency futures and options trading on May 29.
- 🎊 Polymarket Snaps Up Prediction Market API Startup Dome. The acquisition suggests Polymarket is building toward becoming the infrastructure backbone of the predictions industry.
- 😮 Crypto Lender Blockfills Seeks Sale to Plug $75M Loss. The Susquehanna-backed crypto lender is reportedly seeking a buyer after suspending withdrawals and deposits last week.
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.30T | ↗ 0.4% | ↗ 1.5% |
|
BTC $66,945 | ↗ 1.0% | ↗ 1.8% |
|
ETH $1,948 | ↗ 0.4% | ↗ 1.2% |
Once a week, Premium subscribers get access to the top Market Plays, Hot Reads, Farming Opps, and Airdrop Hunts that our analyst team is tracking! Don't miss out! 👇
Stablecoin supply is at record highs, onchain volumes are in the trillions, and major institutions are racing to launch their own digital dollars.
Now, one crypto protocol believes it can push the sector into overdrive by transforming stablecoins from passive cash into credit-backed rocket fuel for an artificial intelligence arms race.
Enter USD.AI, a stablecoin project built to finance AI’s incessant infrastructure buildout needs, that is gearing up to give public market investors exposure to the opportunity through its forthcoming CHIP initial coin offering.
Today, we’re unpacking the USD.AI investment opportunity. 👇
How Does It Work?
Ready makes going bankless simple. With the Ready app, you can buy crypto, earn yield, and stay in control of your assets. Spend USDC anywhere Mastercard is accepted with the Ready Card, with zero fees and 3% cashback. Bankless readers get 20% off Ready Metal with code: BANKLESS20
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.