Conor Moore
Conor Moore is an American entrepreneur based in New York City and a co-founder of USD.AI, a decentralized finance (DeFi) protocol that issues a yield-bearing synthetic dollar. Before his involvement in the cryptocurrency sector, Moore had an extensive career in traditional finance, working in private equity and investment banking where he was involved in multi-billion dollar transactions. [2]
Career
Finance Career
Prior to his work in Web3, Conor Moore built a career in traditional finance, focusing on large-scale investments and transactions. He worked in private equity at The Rockpoint Group, a real estate private equity firm. During his time there, he was involved in deploying $5 billion into various real estate and infrastructure investments.
Before his role in private equity, Moore worked in investment banking at Wells Fargo Securities and its real estate investment banking subsidiary, Eastdil Secured. In this capacity, he structured and executed $4 billion in mergers and acquisitions (M&A) and joint venture transactions. [2] [1]
USD.AI
Moore is the co-founder of USD.AI, along with David Choi. USD.AI is a DeFi protocol that issues USD.AI, a yield-bearing synthetic dollar backed by a portfolio of loans collateralized with real-world AI and decentralized physical infrastructure network (DePIN) hardware. The project aims to function as a fully on-chain asset-backed security (ABS) product.
The protocol was created to provide financial "rails" to help address what the project's founders identify as an approximate $500 billion funding gap within the AI infrastructure industry. It provides a source of debt financing for entities such as DePIN networks and "neo-cloud operators" that require capital to acquire physical hardware like GPUs and servers. For depositors, the protocol targets a "mid-teens" annual percentage yield, generated from the interest paid on the underlying hardware loans. [2] [1] [3]
Media Appearances
Moore has appeared at industry events and on podcasts to discuss USD.AI and share his analysis of the broader cryptocurrency market. He is scheduled to be a speaker at the Consensus 2026 conference in Miami, hosted by CoinDesk. [2]
In a May 2025 podcast with Delphi Digital, Conor Moore and his co-founder David Choi discussed the foundational concepts behind USD.AI. They detailed the project's aim to provide a less dilutive form of financing for DePIN networks compared to issuing native tokens and outlined the three-pillar technical architecture designed to support the protocol. The discussion also touched on the project's phased scaling plan, which involved starting with initial partners before expanding the ecosystem.
