Navigating the GENIUS Act: How Bitcoin-Backed Stablecoins and Regulatory Gaps Could Shape Digital Finance
The GENIUS Act’s Uncharted Waters As the financial world grapples with the implementation of the groundbreaking GENIUS Act, experts are…
Tag: Stablecoin
The Ideological Schism in Crypto: From Cypherpunk Dreams to Corporate Realities
The Great Crypto Divide: When Vision Meets Corporate Expansion The recent announcement that Ethereum Foundation researcher Dankrad Feist is joining…
Telcoin’s $25M Funding Paves Way for First Regulated Blockchain Bank in Nebraska
Strategic Capital Raise for Digital Asset Banking Blockchain financial services provider Telcoin has successfully secured $25 million in funding to…
QumulusAI Secures $500M Blockchain-Backed Facility for AI Compute Expansion
QumulusAI has secured a groundbreaking $500 million blockchain-backed facility to accelerate its AI compute infrastructure deployment. The innovative financing model allows the company to borrow stablecoins against tokenized GPU deployments through Permian Labs’ USD.AI protocol.
QumulusAI has announced a landmark $500 million blockchain-backed financing facility that represents a significant evolution in how artificial intelligence infrastructure projects secure capital. The non-recourse facility, arranged by Permian Labs, will enable the GPU cloud company to accelerate its compute infrastructure buildout through an innovative tokenization framework that transforms hardware assets into collateral for blockchain-based lending.