When Crypto Meets Credit: Aethir and Credible’s Wild New Card 🤑

by

So, you’ve got a few ATH tokens lying around, and you’re wondering what to do with them? Well, DePIN firm Aethir has just the thing for you. They’ve teamed up with Credible Finance to launch a crypto credit card that’s as exciting as a root canal. 🦷

On Wednesday, July 16, Aethir (ATH) and Credible Finance decided to make the world a slightly more confusing place by introducing the first crypto credit card backed by DePIN. If you’re a node operator or token holder, you can now claim this card for free, because who doesn’t love free stuff, right? 🎉

But wait, there’s more! You can top off this card with ATH tokens or stablecoins on Solana, and use it for everyday payments. Because buying groceries with crypto is just what the world needed. The card also comes with a revolving line of credit, which is determined by how many Aethir tokens you’re holding. It’s like a credit score, but for people who can’t be bothered to use actual money. 💸

“This is the first DePIN-native token being activated for real-time credit,” said Shrikant Bhalerao, CEO and Co-founder of Credible Finance. “We’re turning tokenized infrastructure into usable financial capital.” Or, in simpler terms, we’re making it possible for you to spend your digital dreams. 🌈

And if that wasn’t enough, cardholders will also gain access to Credible’s private investor portal for short-term lending. According to the company, this portal offers yields of up to 24% on major stablecoins like USDC and USDT. Because why settle for a 1% cashback when you can get 24% on your digital IOUs? 🤑

What’s behind the Aethir and Credible partnership?

The partnership is designed to reward ATH token holders, GPU providers, and node operators. Because, let’s face it, if you’re into this stuff, you deserve a pat on the back. Aethir and Credible plan to expand the credit card program to a wider user base as the Aethir ecosystem grows. Because who doesn’t want to be part of a growing ecosystem that’s as confusing as a Rubik’s Cube? 🧩

“This partnership brings real utility to the ATH token,” said Mark Rydon, Chief Strategy Officer and Co-founder at Aethir. “It’s the first step toward building a financial system around decentralized infrastructure.” Or, in other words, it’s the first step toward a world where your credit score is based on how many digital tokens you can accumulate. 🚀

Aethir powers a decentralized cloud GPU network, allowing smaller GPU providers to offer services to enterprise clients. The company aims to deliver scalable and cost-effective computing for AI, machine learning, gaming, and rendering applications. Its decentralized model enables growth without the high costs of traditional infrastructure. Because why pay for a server when you can just ask your neighbor’s computer to do the work? 🤷‍♂️

Read More

2025-07-16 20:19