Olympus Protocol Integrates USDC Stablecoin for DeAI Projects
OORT’s decentralized AI Layer1 blockchain, Olympus Protocol, has officially integrated Circle-issued stablecoin, USDC. This integration marks a significant milestone for DeAI projects, bridging the gap between decentralized artificial intelligence and real-world utility.
Olympus Protocol has become the first decentralized AI-based ecosystem to incorporate the USDC stablecoin, paving the way for practical use cases and establishing a robust infrastructure with liquidity and financial stability for evolving DeAI initiatives.
With USDC now integrated into the Olympus ecosystem, businesses can securely and efficiently process AI-driven transactions using the Circle-issued stablecoin. AI companies utilizing Olympus Protocol for storage and compute power can conduct transactions in USDC, enabling developers to pay for decentralized cloud computing services through Olympus.
While other Layer 1 chains have previously integrated USDC, Olympus Protocol’s focus on the DeAI sector provides unique access to the emerging AI industry within the decentralized crypto space.
AI tokens have gained significant traction in recent years, with a market cap exceeding $22 billion, showcasing the growing reliance on AI technology in decentralized finance. The integration of USDC offers developers a stable infrastructure for projects across various sectors, including DeFi, Enterprise AI, Data Monetization, and AI-powered systems.
The collaboration between USDC and Olympus Protocol sets the stage for exponential growth and innovation in the DeAI sector, enabling projects in AI development, data collection, storage, and computing to thrive.
Additionally, the USDC stablecoin opens up opportunities for AI-powered trading, lending, and staking projects on the Olympus platform, further enhancing the ecosystem’s capabilities.
OORT, powered by Olympus Protocol, offers a trustless infrastructure for enterprises and individuals, with products such as OORT Storage, OORT DataHub, and the upcoming OORT Compute. The project has garnered significant investment from major players in the industry, including Taisu Venture, Red Beard Venture, and Sanctor Capital, with grants from tech giants like Microsoft and Google.
