Aethir Partners Credible Finance for First DePIN Backed Credit Card

Aethir, a decentralized cloud GPU network, has partnered with Credible Finance to launch the first credit card backed by DePIN (Decentralized Physical Infrastructure Network). This innovative product is designed to provide Aethir's native token holders and node operators with access to stablecoin credit without the need to liquidate their tokens. The credit card, available to Aethir node operators and token holders, can be claimed for free and allows users to top off the card with ATH tokens or stablecoins on Solana for everyday payments. Additionally, the card offers a revolving line of credit based on the user’s Aethir token holdings.

The partnership between Aethir and Credible Finance aims to reward ATH token holders, GPU providers, and node operators by providing real utility to the ATH token. This initiative is seen as the first step toward building a financial system around decentralized infrastructure. Shrikant Bhalerao, CEO and Co-founder of Credible Finance, highlighted the significance of this move, stating, “This is the first DePIN-native token being activated for real-time credit. We’re turning tokenized infrastructure into usable financial capital.”

Cardholders will also gain access to Credible’s private investor portal for short-term lending, which offers yields on major stablecoins. This feature adds another layer of financial utility for Aethir token holders, allowing them to leverage their holdings for additional income.

Aethir powers a decentralized cloud GPU network, enabling smaller GPU providers to offer services to enterprise clients. The company’s decentralized model aims to deliver scalable and cost-effective computing for various applications, including AI, machine learning, gaming, and rendering. By partnering with Credible Finance, Aethir is expanding the utility of its ecosystem, providing token holders with tangible financial benefits.

The launch of this DePIN-powered credit card is a strategic move to reward ATH token holders and node operators, fostering growth within the Aethir ecosystem. As the ecosystem expands, Aethir and Credible plan to extend the credit card program to a broader user base, further integrating decentralized infrastructure with traditional financial services. This partnership not only enhances the utility of the ATH token but also sets a precedent for future DeFi innovations, demonstrating the potential of decentralized networks in the financial sector.