USD.AI foundation has a DAO for the stablecoin and they have been in the work for a time. So their tokenized collateral ecosystem has been in the work. And they too decided to jump onto the Solana ecosystem. And they created the ticker and the DAO token for themselves - $CHIP.
They being the GPU backed lending protocol the AI usage is going to give them the leverage in the market.
CHIP would be available in variety of Solana based lending protocol and it would make them available in places like - Titan exchange, flow and phantom. As you can see from the DAO and the foundation that the GPU backed economy is going to be out now for the people to monetize and lend, borrow and exchange.
This is a good sign for both DAO and also for the Solana and its' market that such tokens are coming.
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