$HUMA
#The "Huma Finance" (HUMA) currency is a digital currency used in the Huma Finance network, which is a decentralized payment system aimed at facilitating and speeding up cross-border payments and providing innovative credit solutions [1, 3]. Huma Finance focuses on the concept of "PayFi", which is a combination of payment and financing, allowing users to access credit based on expected income rather than holding traditional digital assets.
Summary of Huma Finance (HUMA) currency:
Type:
Digital currency (token) used in the Huma Finance network.
Usage:
Used in the Huma Finance network for the payment system (PayFi) and accessing credit based on expected income.
Goal:
Facilitate cross-border payments, accelerate financial settlements, and provide innovative credit solutions.
Features:
Income-based collateral: Users can use their future payments (such as salaries and bills) as collateral to obtain credit.