BIT Mining and Brale Launch USD Stablecoin DOLAI on Solana

BIT Mining (NYSE: BTCM), a New York Stock Exchange-listed crypto infrastructure company, has teamed up with Brale to launch DOLAI, a USD stablecoin on the Solana blockchain. Fully backed by cash and short-term U.S. Treasuries, DOLAI is designed to cater to the growing agentic economy, focusing on AI-native micropayments and machine-to-machine financial settlements.

The stablecoin introduces key functionalities aimed at specific use cases:

1. AI Agents: Facilitates x402-style micropayments and machine-to-machine transactions, enabling seamless financial operations for AI-driven systems.
2. GameFi: Provides low-fee checkout solutions and global in-game payouts, enhancing the efficiency of financial transactions in gaming ecosystems.
3. Confidential Payments: Plans to introduce private payouts in the near future, ensuring secure and confidential financial transfers.

Bo Yu, Chairman and COO of BIT Mining, emphasized the innovative nature of DOLAI, calling it a "compliant, high-efficiency, AI-native USD stablecoin to power agentic, machine-to-machine payments." The launch aligns with BIT Mining's expansion into AI-powered financial infrastructure, marking a significant step forward in bridging blockchain technology with artificial intelligence.

Brale, known for its compliance-focused platform, supports the issuance and management of digital assets, ensuring regulatory adherence for projects like DOLAI. Solana, selected for its high-speed and low-cost blockchain capabilities, provides the ideal environment for DOLAI's operations.

BIT Mining, headquartered in Shenzhen, China, is primarily engaged in crypto mining and blockchain infrastructure development. The company has been diversifying its offerings, with DOLAI representing its foray into AI-integrated financial solutions. Brale's expertise in compliance and Solana's robust ecosystem further bolster the project's potential.

The collaboration reflects a growing trend in the crypto industry, where companies are leveraging blockchain and AI technologies to address emerging financial needs, particularly in gaming and machine-to-machine payments.