USD.AI Approves $500M Loan Facility for Sharon AI to Expand GPU Infrastructure

USD.AI, an onchain lending and stablecoin protocol, has approved a $500 million loan facility for Sharon AI, an Australian AI infrastructure provider, to support the expansion of its GPU deployments. Sharon AI plans to begin drawing on the facility this quarter, with an initial $65 million earmarked for early-stage GPU rollouts.

USD.AI is designed as an onchain bank for AI startups that face limited access to traditional banking services. The protocol finances capital-intensive AI projects by lending exclusively against verified GPU assets, which are tokenized to create a direct onchain link between physical infrastructure and liquidity, effectively isolating risk at the infrastructure level.

According to the company, USD.AI has already approved more than $1.2 billion in guidance and non-recourse facilities for AI infrastructure operators, including QumulusAI and Quantum Solutions. The protocol operates a dual-token model built around its USDai stablecoin and the yield-bearing, stakeable sUSDai.

Sharon AI said the partnership will accelerate the build-out of its compute infrastructure to serve hyperscale, research, enterprise, and government customers across Australia and the Asia-Pacific region.