07:42
USD.AI and Fluid Sign $100M Liquidity Agreement to Support sUSDai
According to Foresight News, stablecoin protocol USD.AI and DeFi protocol Fluid have signed a $100 million liquidity agreement. Fluid will provide and manage deep liquidity for sUSDai through its Liquidity-as-a-Service (LaaS) program using its own capital, requiring no assets from USD.AI. The two parties plan to extend the liquidity facility to Jupiter Lend in the future. Separately, Fluid recently passed a governance proposal to launch sUSDai on Ethereum mainnet.