QumulusAI: nonbinding USD.AI protocol memorandum / per-deployment financing program

Recorded terms

Amount m · earlier observation

500As of 29 June 2026

Keep the original 500 million headline for provenance, but relabel as nonbinding guidance and block from committed-capital aggregation. Actual individual loans require separate records and dated funded balances; no such draw total is attested here. Full SEC file rendering was unavailable, and the check uses the SEC-hosted indexed passages, not an asserted complete document review.

Instrument · earlier observation

nonbinding USD.AI protocol memorandum / per-deployment financing programmeAs of 29 June 2026

Keep the original 500 million headline for provenance, but relabel as nonbinding guidance and block from committed-capital aggregation. Actual individual loans require separate records and dated funded balances; no such draw total is attested here. Full SEC file rendering was unavailable, and the check uses the SEC-hosted indexed passages, not an asserted complete document review.

Event date

19 September 2025As of 26 June 2026

Full dated draws, repayments, fees, hedge costs and reserves remain unknown; no actual all-in cost eligibility. Draws are historical; current utilisation is unknown.500m remains nonbinding.

First draw m

4.282As of 26 June 2026

Full dated draws, repayments, fees, hedge costs and reserves remain unknown; no actual all-in cost eligibility. Draws are historical; current utilisation is unknown.500m remains nonbinding.

Second draw m

16.4As of 26 June 2026

Full dated draws, repayments, fees, hedge costs and reserves remain unknown; no actual all-in cost eligibility. Draws are historical; current utilisation is unknown.500m remains nonbinding.

Balance as of 2026 03 31 m

4.083924As of 26 June 2026

Full dated draws, repayments, fees, hedge costs and reserves remain unknown; no actual all-in cost eligibility. Draws are historical; current utilisation is unknown.500m remains nonbinding.