Atehir, the decentralized GPU cloud network, cooperated with reliable financing, lending protocol, to provide what they say is the first credit card and loan supported by a Decentralized material infrastructure network (Deep)).
This step is designed to give the original original symbols in Atehir to Stablecoin credit without filtering their symbols-a step towards mixing the infrastructure on the chain with the financial capital in the real world.
The product, which first appeared on Wednesday, allows qualified users to guarantee their ATH codes to reach a roundabout credit line or download a card without following with ATH or Stablecoins on Solana. Loan approvals and boundaries are determined by the AI’s self -credit engine, which evaluates the user’s activity on the chain, asset holdings and the date of transactions.
DePin Projects take advantage of Blockchain incentives to prepare to develop infrastructure in the real world. In the case of Aethir, the knots operators contribute to the computing power and pushes ATH in return. These rewards are based on factors such as operating time, performance and job completion, and a real structure of material infrastructure is transformed into an income on the chain.
Credit card launch comes as encryption metaphors. According to the team, decentralized lending platforms witnessed A decrease of $ 4.75 billion in open loans In the first quarter, the largest quarterly shrinkage since 2023. At the same time, the global credit gap of small and medium companies in Emerging markets stand in 5.7 trillion dollars.
“This shrinkage emphasizes the restrictions of excessive lending models in the tour and highlights the need for credit systems that reflect the real activity on the series and infrastructure ownership,” the team wrote a participation with Coinsk.
“This is the first club code for the citizen to be activated for credit in the actual time,” said Phalarao, CEO of the Financial Credibility Company. “We convert the distinctive infrastructure into a usable financial capital.”
The team wrote that access to credit cards will be available at first for GPU service providers, knot operators and distinguished symbol, with plans to expand later.
Read more: Aethir’s Mark Rydon: AI’s decentralization computing
