PANews reported on July 16 that according to CoinDesk, decentralized GPU cloud network Aethir has partnered with lending protocol Credible Finance to launch the first DePIN credit card and loan product. The product allows ATH token holders to stake tokens to obtain stablecoin credit limits without liquidating assets, and Solana chain users can directly spend ATH or stablecoins through a prepaid card. Credible's AI credit engine will assess limits based on users' on-chain activities and asset holdings. The team stated that this move aims to address the limitations of over-collateralization models and convert node operators' infrastructure earnings into real-time credit capabilities. Initially targeting Aethir's GPU suppliers and node operators, they plan to expand coverage in the future.
Aethir and Credible partner to launch DePIN credit card
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