The 70th issue of Binance LaunchPool is here!
This time we are launching Huma Finance, a project that is rapidly taking off in the PayFi space.
PayFi is trendy, but the logic is particularly solid: it uses stablecoins (like USDC) to solve the problems of slow and expensive cross-border payments. You deposit USDC and earn a stable return of about 10% annually, while the platform lends the funds to legitimate cross-border payment companies, helping them meet short-term financing needs, forming a low-risk cash flow loop.
The coolest part of Huma is that it directly acquired the licensed payment company Arf, seamlessly integrating the stability of traditional finance into the Web3 world. This seamless on-chain and off-chain connection can both expand market size and maintain compliance advantages.
Founder Richard has crossed over from the Web2 payment realm, possessing industry know-how, understanding market demands, and has already streamlined the business.
