Monday's developments:

USDAI raises $13M for GPU-backed stablecoins: Framework Ventures-led Series A funds Permian Labs' protocol using tokenized GPU hardware as collateral for AI company loans. $49.4M TVL with 118 users during private beta, offering 6.76% APR through innovative Caliber framework that limits bankruptcy risks via Treasury bill insurance.

Visa activates EURC real-time settlements in Europe: Visa and Wirex deploy Circle's euro-backed stablecoin for production-ready settlements, marking first real-time EURC deployment in European markets following last month's addition to Visa's settlement platform.

Mesh secures PayPal Ventures investment: Crypto payments network surpasses $130M total funding with strategic investment from PayPal Ventures, demonstrating convergence between traditional fintech and digital asset infrastructure after $82M Series B in March.

Japan prepares first yen-backed stablecoin: Financial Services Agency set to approve JPYC tokens this fall with 1:1 JPY peg backed by bank deposits and Japanese government bonds, potentially reshaping Japan's bond market through new institutional JGB demand.

Additional News:

Stay Stable,

The Stabledash Team

_{This content is for informational purposes only and does not constitute financial, investment, or legal advice.}