BlockBeats News, October 7th, announced that USD.AI, a stablecoin protocol providing credit for AI, will increase the autoUSDai cap by $100 million starting at 0:00 on October 9th Beijing time to support the orderly unwinding of USDT0 positions in the Euler Frontier USDai market. USD.AI stated that this cap increase is a targeted stability measure rather than a routine cap raise. Due to the demand for USDai, the exchange rate has been pushed up to $1.06.Yesterday, Euler Finance suspended USDai borrowing on Plasma. USDai markets will begin partial repayment tomorrow, with LTV reductions starting on Wednesday. All unclosed USDai borrowing positions must be timely repaid and closed. All new USDC deposits will be directly transferred to autoUSDai on Arbitrum. During this period, autoUSDai will receive a 25x points multiplier within 30 days. Additionally, starting today, USD.AI will reduce the Allo Gam multiplier for all non-consortium pools from 10x to 3x to protect the USDai peg and reward those helping stabilize the system.