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-0.000635213951608325 8.66200843101366E-05 2.88733614367122E-05 -0.000519720505861312 0.00167465496333078 0.00528382514292309 0.00447537102269433 0.000866200843102023
Stock impact report

PayPal to use PYUSD stablecoin to fund AI infrastructure through USD.AI [Yahoo! Finance]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Yahoo! Finance
Loans issued by USD.AI to finance graphics processing unit (GPUs), data centers and related AI infrastructure will be denominated in PYUSD, with borrowers able to receive proceeds directly into PayPal accounts, according to an announcement shared with CoinDesk on Thursday. The approach is intended to combine familiar payment workflows with programmable settlement suited to long-term financing, rentals and emerging agent-driven transactions. It also demonstrates how stablecoins can be used as settlement instruments for capital-intensive industries beyond crypto. Stablecoins provide a way to move large sums of capital quickly and transparently while supporting automated payment logic tied to usage or contracts. The move comes as demand for AI infrastructure surges. Morgan Stanley estimates global AI compute spending could reach $6.7 trillion by 2029, putting pressure on traditional capital markets and payment systems. This year, capital expenditure for AI will be about $360 billi Show less Read more
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