Solana Welcomes USD.AI Tokens with $2 Billion in Cross-Chain Activity
USD.AI has expanded its presence on blockchain networks by bringing its USDai and sUSDai tokens to Solana through LayerZero's Omnichain Fungible Token (OFT) standard. This move connects Solana with other networks already supporting the tokens, allowing for seamless transfers between them.
The expansion comes as their combined cross-chain transfer volume has reached $2 billion, with USDai and sUSDai having recorded about $2.05 billion in combined cross-chain transfer volume by September. Users can now transfer sUSDai between Solana and other supported chains through LayerZero's OFT system.
USD.AI uses credit backed by graphics processing units to finance physical computing infrastructure, linking blockchain-based capital with demand for computing resources used in artificial intelligence.