According to BlockBeats, AI credit stablecoin protocol USD.AI has announced an increase in its deposit cap from $110 million to $160 million, effective tonight at 20:00 UTC+8. The next increase in the deposit limit will coincide with the launch of the Plasma mainnet.
Previously, on August 28, USD.AI revealed a partnership with Plasma, planning to deploy on the first day of the Plasma mainnet launch. This collaboration will allow users to make deposits using USDT.