Aethir, Credible Finance Launch First DePIN-Backed Credit Card

TheCryptoTimesPublicado em 2025-07-03Última atualização em 2025-07-17

Aethir, the decentralized GPU cloud platform, has partnered with on-chain lending protocol Credible Finance to launch a credit card powered by DePIN technology. This move is a notable convergence of decentralized infrastructure and real-world finance.

The product, revealed Wednesday, is being touted as the first-ever credit card and loan offering directly by a DePIN-native token. Targeting holders of the Aethir (ATH) token and node operators of the Aethir network, it enables users to access stable credit lines against their crypto holdings without having to sell the underlying crypto assets.

Any qualified members will be able to use ATH tokens as collateral to either obtain a revolving credit line or load a zero-cost card with ATH or stablecoins through a process on the Solana blockchain.

The credit approvals and loan limits are done by the AI-driven credit engine set up by Credible Finance. The engine evaluates such users based on their on-chain presence, such as assets held, transactions, and wallet habits.

DePIN projects such as Aethir employ incentives on blockchain to promote the development of real physical infrastructure. The network of Aethir compensates GPU node operators with the ATH tokens according to their network performance aspects, like uptime, successful task execution, or computing power. In other words, they turn physical hardware into on-chain revenue streams.

Focusing on the groundbreaking nature of the underlying innovation, the CEO of Credible Finance, Shrikant Bhalero, dubbed the launch a first for converting a tokenization infrastructure into consumable financial capital.

The first stage will see the implementation related to the provision of certain credit cards and loans to the GPU suppliers, node operators, and stakers of the ATH token. But it will be made accessible to a wider range of in the following steps.

As of writing, ATH is priced at $0.033 with a total market cap of ATH is $353.76 million, as per CoinMarketCap.

Also Read: Texas, Utah, and Arizona Tops Blockchain Innovation Scorecard

Follow The Crypto Times on Google News to Stay Updated!

Leituras Relacionadas

Trump Proclaims Himself a 'Super Fan of Cryptocurrency,' Bitcoin May Be Included in 'Trump Account'?

Former President Donald Trump, declaring himself a "big fan of cryptocurrency," has signaled the potential inclusion of Bitcoin in the newly launched "Trump Account" savings program. Speaking at the plan's White House launch event, Trump explained his pro-crypto stance is driven by a desire for U.S. dominance in the digital asset space, stating, "if we don't take it, China will." He acknowledged an initial lack of understanding but was swayed by strong public interest and significant capital flowing into Bitcoin. The "Trump Account," established under the 2025 GREAT Act, is a tax-advantaged account for children, with the government providing an initial $1,000 deposit. Funds are locked until the child turns 18. While Trump offered no specific timeline for adding Bitcoin, his remarks align with his administration's crypto-friendly policies. These include a 2025 executive order creating a U.S. strategic Bitcoin reserve, the passage of the GENIUS Act to regulate payment stablecoins, and a relaxed enforcement posture toward the industry. This latest endorsement reinforces the administration's commitment to positioning the U.S. as a leader in the global cryptocurrency competition.

Foresight NewsHá 20m

Trump Proclaims Himself a 'Super Fan of Cryptocurrency,' Bitcoin May Be Included in 'Trump Account'?

Foresight NewsHá 20m

Why 2026 could redefine Ethereum, Solana, Base and Avalanche

Blockchain infrastructure is undergoing a major coordinated transformation, driven by institutional demand for reliability, compliance, and predictable settlement. Over $30 billion in Real-World Assets (RWA) on-chain has exposed network weaknesses. Major blockchains are responding with foundational upgrades, moving beyond incremental speed improvements. Ethereum's "Glamsterdam" upgrade, planned for H1 2026, will significantly increase gas limits and introduce features like PBS (pre-blocked state) for enhanced settlement and parallel execution. Solana's "Alpenglow," targeting a mainnet launch in H2 2026, focuses on reducing finality time dramatically and freeing network resources to improve reliability. Beyond speed, compliance is critical. Base's "Beryl" upgrade in Q3 2026 will introduce a standardized, regulatory-compliant token framework (B20). Avalanche's "Octane" upgrade aims to boost transaction processing and reduce costs for enterprise applications. Even Bitcoin is evolving with the potential activation of OP_CAT by late 2026/early 2027. The competition is shifting. While technical upgrades are widespread, institutions will ultimately allocate capital based on proven execution, operational resilience, and regulatory compatibility during market stress. Ethereum currently leads in tokenized assets, while networks like Base and Solana are strengthening their institutional offerings. The blockchain that best delivers reliable, compliant, and uninterrupted service is poised to attract the greatest share of future institutional capital.

ambcryptoHá 26m

Why 2026 could redefine Ethereum, Solana, Base and Avalanche

ambcryptoHá 26m

Tiger Research: Take RWA Tokenization Overseas First

This article discusses the strategic choices facing financial institutions in jurisdictions lacking mature regulatory frameworks for Real-World Asset (RWA) tokenization. With the market growing rapidly, institutions must choose between waiting for local legislation, using regulatory sandboxes, or—the recommended priority—expanding into overseas markets to gain early experience. Successfully launching cross-border RWA tokenization requires meticulous preparation across six key areas: establishing an overseas base (e.g., Hong Kong, Singapore, the U.S.), securing necessary licenses, defining the tokenized asset (with bonds being simpler than non-standard assets), defining the target investor scope, deciding on settlement currencies/payment flows, and designing operational requirements like custody and on-chain governance. The article outlines two primary strategic paths: a direct "onshore" path and a "native on-chain" path. The direct path involves setting up a legal entity and obtaining licenses in a mature jurisdiction like Hong Kong, Singapore, or the U.S., leveraging existing platforms (e.g., DigiFT, Securitize) for efficiency. The alternative native on-chain path involves partnering with compliant, decentralized platforms (e.g., Ondo, Plume Nest) that use structures like offshore SPVs to facilitate tokenization and access DeFi liquidity, offering speed and broader reach but with greater structural complexity. The core argument is that institutions should not wait for perfect domestic regulation. A detailed hypothetical case study illustrates the multi-step, 6-12 month process of launching an overseas tokenized bond. The key takeaway is that the essence of a tokenization business lies not in the technology but in successfully executing the entire sales and operational process. The market is moving forward, and the time to act is now.

marsbitHá 37m

Tiger Research: Take RWA Tokenization Overseas First

marsbitHá 37m

Bitcoin Suisse Advances Middle East Expansion, Receives Financial Services Permission in Abu Dhabi

Bitcoin Suisse advances its global expansion with a key regulatory milestone in the Middle East. Its subsidiary, BTCS (Middle East) Ltd., has received a Financial Services Permission (FSP) from the Abu Dhabi Global Market's Financial Services Regulatory Authority (FSRA). This authorization enables the firm to offer a full range of regulated digital asset services—including custody, trading, and staking—to institutional and professional clients across the UAE. Building on over a decade of experience and safeguarding $3.7 billion in crypto assets, Bitcoin Suisse aims to combine its institutional-grade infrastructure and personalized service with the UAE's dynamic digital asset ecosystem. The move is seen as a significant step in the firm's strategy to become a leading global wealth management partner in the evolving institutional adoption of digital assets.

TheNewsCryptoHá 49m

Bitcoin Suisse Advances Middle East Expansion, Receives Financial Services Permission in Abu Dhabi

TheNewsCryptoHá 49m

Fable 5 Crafts First CUDA 'Megakernel' from Scratch, Achieves 18.7x Speedup in 2.5 Hours

AI model Fable 5 (a safety-limited version of Anthropic's Claude Mythos) has achieved a breakthrough in GPU kernel optimization. In the rigorous KernelBench-Mega benchmark—which requires fusing an entire model's compute block into a single kernel—Fable 5 autonomously wrote a highly optimized CUDA "megakernel." This kernel executes a complete Kimi-Linear W4A16 hybrid decoding task within a single GPU kernel launch, using 14 grid barriers to sequence operations. The result was a performance increase of 18.7x over the baseline on an RTX PRO 6000 GPU, significantly outpacing competitors like Claude Opus 4.8 (14.4x) and GPT-5.5 (4.34x). Notably, its performance advantage widened with longer context lengths. The model spent the majority of its 2.5-hour, 550k-token session analyzing benchmarks and theoretical limits before coding, leading to an exceptionally efficient final design. Anthropic co-founder Jack Clark described this as the beginning of a "recursive self-improvement (RSI) loop," where AI's ability to optimize its own underlying computational infrastructure could rapidly accelerate its own development cycle. This advance highlights AI's growing capability in complex, low-level engineering tasks that were previously a human stronghold.

marsbitHá 53m

Fable 5 Crafts First CUDA 'Megakernel' from Scratch, Achieves 18.7x Speedup in 2.5 Hours

marsbitHá 53m

Trading

Spot