Olympus Protocol becomes first DeAI Layer1 to integrate USDC
OORT’s decentralized AI Layer1 blockchain, Olympus Protocol, has formally built-in Circle-issued stablecoin, USDC. By doing so, Olympus bridges DeAI with real-world utility.
Olympus Protocol turns into the primary decentralized AI-based ecosystem to combine the USDC (USDC) stablecoin, opening the door for real-world use circumstances and establishing a sensible and useful infrastructure with ample liquidity and monetary stability for evolving DeAI initiatives.
By integrating USDC into the Olympus ecosystem, companies will have the ability to course of AI-driven transactions securely and effectively utilizing the Circle-issued stablecoin. Furthermore, AI firms that use the Olympus Protocol for storage and compute energy could make USDC transactions. Thus, builders can use USDC to pay for decentralized cloud computing companies through Olympus.
Whereas there have been different Layer 1 chains earlier than Olympus which have USDC built-in into their ecosystems, Olympus Protocol’s specialization within the DeAI sector gives distinctive entry to the rising AI sector that’s making its method by way of the decentralized crypto house.
Since 2024, many merchants have began counting on AI Brokers in buying and selling as extra AI-based know-how has made revolutionary strides within the decentralized finance areas. At press time, AI tokens have gathered a market cap of greater than $22 billion, based on CoinGecko.
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Via USDC, Builders will have the ability to unlock a secure and liquid infrastructure for initiatives in a number of sectors, together with DeFi, Enterprise AI, Knowledge Monetization, AI-powered Identification and Fame Techniques, and extra.
It is because Olympus Protocol’s atmosphere gives a myriad of initiatives and dApps with distinctive functionalities for AI improvement. These initiatives embody knowledge assortment and labeling, knowledge storage, and computing. By merging the steadiness of USDC with DeAI, Olympus Protocol gears as much as drive exponential progress and cutting-edge developments within the sector.
Not solely that, the USDC stablecoin might additionally facilitate AI-powered buying and selling, lending, and staking initiatives constructed on Olympus.
Powered by the Olympus Protocol, OORT gives trustless infrastructure constructed on AI for enterprises and people. A few of their merchandise embrace OORT Storage, OORT DataHub (for B2C and B2B), in addition to the upcoming OORT Compute.
Beforehand, OORT raised $10 million from a number of main buyers together with Taisu Enterprise, Crimson Beard Enterprise, Sanctor Capital, and has acquired grants from Microsoft and Google.
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