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 providers 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 affords distinctive entry to the rising AI sector that’s making its manner by way of the decentralized crypto area.
Since 2024, many merchants have began counting on AI Brokers in buying and selling as extra AI-based expertise has made progressive strides within the decentralized finance areas. At press time, AI tokens have accrued a market cap of greater than $22 billion, in line with CoinGecko.
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By 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, Information Monetization, AI-powered Id and Fame Programs, and extra.
It’s because Olympus Protocol’s surroundings affords 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 soundness of USDC with DeAI, Olympus Protocol gears as much as drive exponential development 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 affords 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 traders together with Taisu Enterprise, Purple Beard Enterprise, Sanctor Capital, and has obtained grants from Microsoft and Google.
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