Extended whitelist sale deadline to March 3, 2026 at 23:00 UTC with over $8.6M committed and full refunds available through March 20, 2026.

Launched Season 2 of points program, prioritizing looping strategies and promising an airdrop for rewards participants.

Engineered reinsurance around the sUSDai instrument with Munich Re as a tradfi partner

Partnered with PYUSD, making it the fourth-largest stablecoin on Arbitrum. Launched as the first application-specific stablecoin on the PYUSDx infrastructure platform for AI infrastructure.

Powers Sharon AI, which debuted on Nasdaq with a $1 billion valuation.

Featured in a live interview or discussion on February 16, 2026, covering AI and GPU markets.

Features onchain origination integration with InfraFi.

Holds $150 million in PYUSD.

Announces $CHIP token.

Airdropped CHIP tokens and completed ICO snapshot/allocation for sPENDLE holders, with ICO details allocating tokens to sPENDLE holders, Pendle tokens for alignment, and buyback/refund mechanics.

Nominated in the "Best In Stablecoins" category for The Rollup awards ceremony scheduled for December 30th, 2025.

Partnered with PayPal for integration or collaboration related to AI infrastructure finance.

USDai vaults launch on Base blockchain with USDai/USDC and USDai-USDC/USDC vault pairs.

PT sUSDai on Pendle now offers 15.08% fixed APY, up from the previously reported 14%, with a 15-day unstaking period to convert back to USDai.

Principal Token for USDai on Pendle delivers 14% yield with $18M liquidity and 99% T-bills backing.

USDai reaches $670M in Total Value Locked on Arbitrum, positioning itself within the AI infrastructure narrative.

Morpho protocol on Unichain now accepts USDai PTs as collateral for borrowing.

Pendle Principal Tokens for USDai launch on Unichain with trading and collateral functionality, accessible through Pendle's cross-chain PT page.

Liquidity has been topped up for PT-USDai and PT-sUSDai pools in response to user demand.

Loopers earn near 30% APR on USDai loops via Plasma and Euler Finance.

Yields 8.76% 7-day average, currently 8%.

USDai is available for yield farming on Arbitrum and Plasma through Pendle Finance and Euler Finance integrations, with LayerZero Core enabling free cross-chain transfers via Stargate Finance.

dcf cap provided seed funding for the project. (ID: 1997719721316143166)

USDai manages $595,223 in borrowed assets and generated $391,659 in Q4 2025 revenue on Arbitrum.

Messari features USDai as a case study in its State of AI report.

USDAI netflows on Arbitrum increased 13% over the past month, making it one of two RWA protocols contributing to the network's ecosystem inflows.

The protocol cap has been increased to $875m for the AI revenue backed synthetic dollar. (ID: 1996132137561367037)

Held CHIP whitelist token sale on CoinList February 22-27, 2026, priced at $0.03 with $190M FDV, offering 7% of supply 100% unlocked at TGE March 2026. Raised $21M from presale investors, offering ICO participants BOOST OWN (4-month lock at $270M FDV) and MAX OWN (8-month lock at $190M FDV) options with full USDC refund rights at $300M FDV anytime during lock period and S2 points rewards; exclusive to Allo Game participants and sPENDLE holders (Jan 29-Feb 13, 2026) with KYC through CoinList. Token sale is live at $300M FDV February 24-27, 2026, closing on 2026-02-27.

PT-sUSDai offers 16.82% yield expiring Feb 19, with looping available on Euler and Morpho, and supply locked until 2026-02-19.

Built on M0's stablecoin platform, finances AI infrastructure with collateralized borrow against chips and explicit settlement rules. Reduces credit friction from months to weeks.

sUSDai currently maintains 99% backing in TBILLs with 660M TVL, and plans to allocate 6% to lending compute in the near future.

$sUSDai ranks #3 in TVL growth according to yield bearing stablecoin metrics.

USDai launches a gated ICO that excludes UK, EU, and multiple African countries while requiring on-chain activity for user participation.

The USDAI-USDC Stable Vault delivers nearly 1% return in 2 weeks.

Vault cap increases by $250M to a total of $830M.

Strong growth brings USD_AI_ to second largest protocol by TVL on Arbitrum, flipping Pendle.

USDai increases minting cap, enabling users to mint with USDC and bridge to PTs on Pendle across Arbitrum, Plasma, and Base chains, with PT USDai offering 11.48% fixed APY.

Coinbase Ventures discloses investment in the project, with funding amount not specified.

Launches sUSDai and USDai on Arbitrum through Equilibria with Pendle boost support, offering 18% boosted APY, up to 12x USDai Points, and 15x alo points on sUSDai collaterals.

USDAI and sUSDAI announce availability on four Base chain platforms: Aerodrome, ExtraFi, Fluid, and Spectra Finance, with ExtraFi and Fluid representing new integrations beyond previously reported deployments.

Smart money accumulates $149k in the past 24 hours, ranking first among tracked tokens for capital inflows.

Robinhood and Ethereal DEX deploy institutional implementations using the app-to-chain model on Arbitrum.

PT-USDai-20Nov expires unlocking 95M, autoUSDai/autosUSDai discontinued releasing 50-60M, and 250M mint cap opens, totaling 400M new supply. Trades at $1.0011, with redemption requiring no KYC and 0.015% fee, having briefly depegged and trading at a discount.

autoUSDai and autosUSDai are discontinued today, unlocking 50-60M to the market. USDai mint caps open at 250M and Pendle's PT-USDai-20Nov expires today (95M), with potential brief depeg trading opportunities.

Caps increase by $250M on November 19th.

Receives investment from Coinbase Ventures for development of decentralized liquidity solutions for GPU infrastructure financing in the AI sector.

Funding cap raised to $750M or $1B, USDAI deploys on Base chain with liquidity seeded on Aerodrome and Spectra Finance, and potential ICO on Coinbase.

Binance Labs (through Yzi labs) and Coinbase Ventures invested in the project. A new Pendle pool launches with different points rates than the first pool's 25/12x rate, with details on points adjustment coming in the next few days.

Launched USDai and sUSDai pools on Arbitrum on February 19, 2026. Listed new Pendle maturities for USDai (June 18, 2026, October 15, 2026) and sUSDai (June 14, 2026, October 15, 2026), with PT-sUSDai trading on Pendle (Arbitrum) at 8.1% yield for 2026-10-15 maturity.

TVL stands at $181.83M compared to $584M on November 7th, representing a $402M capital outflow (69% decrease), while APY declines to 11.69% from the previous 13.86%.

The Midas mHYPER pool on Ethereum achieves 25% boosted Pendle APY through Equilibria, backed by Hyperithm and MidasRWA, with rewards across 6 protocol points including Ethena, Cap Labs, Almanak, USDai, Lighter, and Theo.

Ranks 1st place in Arbitrum DRiP program with a market size of $428.11m including sUSDai.

USDai markets on Arbitrum expire in 9 days, unlocking over $300m in stablecoins.

Functions as financing partner for GPU cluster deployments, offering lending without sale leaseback and utilizing onchain mechanisms for securing liens. Provided $500M loan to Sharon as part of a $700M total facility; 700M CHIP tokens (100% allocated supply) unlock March 2026, granting holders governance rights.

Supply grows to $584M with 99.9% allocated to t-bills and only 0.1% in hardware loans (NVIDIA H200s), while offering 13.86% expected APY. Deposit caps reached on Arbitrum and Plasma networks preventing new deposits.

Provides loans against GPUs as an unregistered hedge fund and credit fund, with risk of losing peg stability during market stress.

A warning predicts the protocol will blow up in a spectacular manner as the next yield-bearing stablecoin failure, though current t-bill backing provides temporary safety.

USDai onboarded to Term protocol for DeFi lending operations.

Protocol achieves $500m in lender deposits within one month of launch and faces overwhelming appetite for its ICO.

USDai-USDC stable vault on Arbitrum offers over 100%+ fee APR yield opportunity.

Borrow interest reaches 30% on Morpho, while an upwards depeg creates collateral risk pressure.

The protocol operates as an M0 wrapper with approximately zero exposure to GPU renting operations, with unstaked Cap USD reserves sitting on-chain and redeemable at any time.

The Auto Strategy sunsets on November 24, 2025.

Listed as top performing assets in Arbitrum lending markets through the DRIP program distributed by Merkl and funded by Arbitrum DAO.

Data case shares rank as the 15th biggest holder, with purchases for data/big data cases to be discontinued 2 weeks before YTs mature to prevent last minute dilution.

StableWatch publishes a comprehensive report on how the protocol powers the future of AI Compute.

Reaches $580m TVL in less than 3 months, now second-largest protocol on Arbitrum with TVL still capped and 99.8% of reserves in US-tbills.

Pendle markets go live on Plasma offering up to 12X leverage on USDai and sUSDai Principal Tokens with 32.5K XPL in rewards for lenders.

Token Generation Event anticipated in Q4 but remains unconfirmed, according to a list of expected major crypto launches.

Team added single-sided Curve liquidity causing peg to crash from 1.03 to 1.003, now trading at 1.0155. Capital raise expected in near term based on team's public comments.

Arbitrum grant distribution for the Auto vault strategy is imminent.

Euler Finance earn vault offers 12% APR and 1.5x USDai points multiplier.

USD (Midas mHYPER) boosted pool launches on Plasma offering 26% boosted APY through Equilibria, combining Hyperithm and MidasRWA partnerships with reward points distributed across six protocols including USDai.

19.4% fixed APY rate available for PT-USDai on Plasma chain.

Protocol raised $17.40M in funding and reached $580M+ TVL across Arbitrum L2 and Plasma chains.

On Plasma, USDai delivers over 18% boosted APY powered by 250% vePENDLE boost and 25x Allo Points via Equilibria LP deposits.

case.fun becomes 4th largest holder of YTs on Arbitrum with 8.5M tokens earning 212M points daily. Supply on Plasma reaches approximately $186M, representing 3% of the network's $6.2B total stablecoin supply.

Trader identifies presence on Pendle platform with yield distortion caused by YT (Yield Tokens), categorizing it as a risk factor that can catch yield farmers off guard.

Protocol offers 13.03% APR on synthetic dollar backed by AI hardware collateral and M0 US T-Bills.

Two token variants exist: USDAI provides points toward ICO allocation and requires KYC, while sUSDAI offers airdrop points without KYC requirement. Stablecoin currently trades at $1.02 premium on Arbitrum due to capped supply.

Achieves top position among new stablecoins with $596.35M in growth since Q2 end (Jul 1 - Oct 16, 2025).

Current metrics show $580M in vaults and 44,000 people farming points.

Current TVL stands at just over $200M with traders actively chasing entry positions.

Completes integration with Chainlink standard, enabling access to Chainlink's oracle infrastructure.

Integration on Plasma platform ($9B TVL) enables farming strategies with Pendle to earn $XPL allocation including delta neutral strategies via Ethena. Partner Infinit Labs' $IN token lists on Upbit, South Korea's largest exchange.

Boosted USDai and sUSDai pools go live on Penpie, offering up to 25x points, boosted PENDLE and WXLP rewards, with APY reaching up to 55%.

Successfully structured a $500M deal for collateralized AI investments.

Partnership with Infinit Labs' agentic platform has processed over 120k transactions in beta, with USDai yield strategy on Arbitrum reaching filled capacity.

TVL increased 218% over the past month, contributing significantly to Arbitrum's overall TVL growth to $4B.

AutoUSDai's raise cap has been set at $75M, representing a reduction from the $100M cap previously announced for the USDC vault launch on Concrete.

The $100M raise launches tomorrow as a USDC vault on Concrete (not direct USDai mint) that earns x25 allo points for 30 days plus 15% ARB yield, with withdrawals processing Wed/Thu and taking up to a week; funds will be used to liquidate Euler Plasma positions where USDai has depegged upward to $1.04.

A Pendle pool for PT-USDai expires November 19th (43 days), offering 50.3% fixed APY for direct swaps, though actual returns range from 12.1% to 37.8% annualized depending on whether USDai maintains its current $1.03-$1.05 premium or repegs to $1.

$100M cap raise announced for October 8 to address upward price depeg.

A points farming program is available alongside a 29% APR locking opportunity for stablecoins.

USDai experienced a significant price correction today that requires immediate attention from anyone looping the stablecoin, though the protocol remains operational.

Completed security audits by KTL and Cantina are on file for reserves. The synthetic dollar mechanism uses ~150%+ overcollateralization on AI GPU loans, with detailed risk analysis highlighting potential downside peg break scenarios if GPU valuations experience impairment beyond the collateralization buffer.

USDai currently trades at $1.05, below a noted profitability threshold for certain trades. PT-sUSDai expires in 44 days with 51% APY fixed yield available to lock in.

Extremely high borrow demand is being reported alongside a partnership or collaboration with Plasma protocol.

Token distribution model pivots away from traditional airdrops toward paid allocations and pre-sale access for early users, driven by regulatory changes to reduce Sybil attacks and day-1 selling pressure.

A new yield product powered by $RDAC that has been in development for months is ready to launch this month. Current market cap and fully diluted valuation are both $525M, indicating no token unlock overhang.