6h ago

Binance And Upbit List Gpu-Backed Synthetic Dollar $Chip

@Binance and Upbit are listing USDAI ($CHIP) for spot trading today, with pairs available against $USDT, $USDC, and $BTC on both exchanges.

$CHIP functions as a synthetic dollar, with its value backed by real-world AI infrastructure assets including GPU clusters rather than traditional financial instruments or fiat reserves.

@Binance will apply its "Seed Tag" designation to the listing at 13:30 UTC, a label the exchange uses to flag assets it considers higher risk or subject to significant price volatility. Upbit, one of South Korea's largest crypto exchanges, will facilitate trading through the @Arbitrum One network, positioning the listing to capture retail demand from the South Korean market.

Binance And Upbit List Gpu-Backed Synthetic Dollar $Chip

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