Update
Multicoin Proposes Stablecoin Loans Against GPUs
Multicoin Capital partner Shayon Sengupta proposes creating blockchain-based markets where ownership claims on computing hardware, future data center capacity, and customer payments could be traded or pledged as collateral. The proposal comes as AI infrastructure borrowing accelerates, creating opportunities for decentralized finance (DeFi) protocols to provide capital to companies struggling to fund expensive computing equipment.