On July 16, Aethir partnered with Credible Finance to introduce the world's first crypto credit card backed by DePIN for ATH token holders and node operators.
Key Features of the Crypto Card
The card will be available free of charge for Aethir node operators and ATH token holders.
Users can top up the card with ATH tokens or stablecoins on the Solana platform and use it for everyday payments. Additionally, the card provides access to a revolving line of credit based on the user’s Aethir token holdings.
Aethir and Credible Finance Partnership
According to representatives of the companies, the partnership aims to reward ATH token holders, GPU providers, and node operators. Aethir and Credible plan to expand the credit card program to a wider user base as the Aethir ecosystem grows.
> "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."
About Aethir
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.
The launch of the crypto credit card by Aethir in collaboration with Credible Finance marks a significant step in the world of decentralized finance, offering users new opportunities to utilize tokens in their daily lives.
