Aethir and Credible Introduce DePIN-Powered Credit Card
Main Idea
Aethir and Credible Finance introduce a DePIN-powered credit card that uses AI-driven credit evaluation based on on-chain activity, aiming to turn tokenized infrastructure into financial capital amid a downturn in crypto borrowing.
Key Points
1. Aethir, a decentralized GPU cloud network, partners with Credible Finance to launch a DePIN-powered credit card that evaluates users' on-chain activity for loan approvals.
2. The credit card leverages AI-driven credit assessment, considering factors like asset holdings and transaction history.
3. DePIN projects use blockchain incentives to crowdsource real-world infrastructure, with Aethir rewarding node operators in ATH tokens based on performance.
4. Decentralized lending platforms saw a $4.75 billion decline in open loans in Q1 2025, the largest quarterly contraction since 2023.
5. Credible Finance CEO Shrikant Bhalerao highlights the innovation of activating a DePIN-native token for real-time credit, converting tokenized infrastructure into usable financial capital.
Description
EMBARGO: July 16 – 8am ET Aethir, a decentralized GPU cloud network, teamed up with Credible Finance, a lending protocol, to introduce what they say is the first credit card and loan product powered by a decentralized physical infrastructure network (DePIN). The move is designed to give Aethir’s native ATH token holders and node operators access to stablecoin credit without liquidating their tokens — a step toward blending on-chain infrastructure with real-world financial capital. The product, w...
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