> For the complete documentation index, see [llms.txt](https://docs.infrastructure.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.infrastructure.finance/usd.infra-vault/who-the-usd.infra-vault-is-for.md).

# Who the USD.infra Vault is for

The USD.infra Vault is designed for the following aligned participant groups, each with different needs:

1. **Eligible stablecoin holders:** Participate in the Vault to access DAWN's protocol participation mechanics, subject to eligibility, verification for redemption, and transfer restrictions.
2. **Eligible institutional participants:** Access the USD.infra Vault's transparent, on-chain infrastructure-finance coordination layer, subject to eligibility, verification for redemption, and transfer restrictions.
3. **Operators:** Use Vault capital to finance contracted AI infrastructure projects, operate the underlying infrastructure, and return contracted cash flows to the system.
4. **Infrastructure customers:** Buildings, mobile carriers and AI data centers buy capacity under contract; their payments repay financed projects.

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Each of these participant types interacts with the same two tokens (USD.infra and sUSD.infra) that sit at the center of the USD.infra Vault.
