#HUMAFINANCE🟣
Huma Finance was established in 2022 in San Francisco as the first "PayFi" (Payment Financing) protocol in the DeFi world, focusing on the monetization of real assets (such as invoices, income, and receivables) via blockchain, without the need for crypto collateral.
How it works: It creates a specialized network that allows institutions and individuals to convert their expected receivables into instant liquidity in stablecoins (USDT/USDC), with low costs and high speed.
What sets it apart: High financing for companies, on-chain transaction volume exceeding $4–4.5 billion, and real returns for providers reaching nearly 10.5% annually with the potential to double rewards.
Support and expansion: It secured seed funding of $8.3 million in February 2023, followed by a funding round of $38 million in September 2024, led by Distributed Global with participation from Stellar, Hashkey, and others, after merging with Arf to expand liquidity services across chains like Solana and Stellar.
HUMA token: It operates on a local growth model, where half of the borrowing fees are used to buy HUMA, reducing supply over time and incentivizing token holders.
In summary: Huma Finance is a real bridge between the traditional financial sector and DeFi, enabling businesses and individuals to turn their financial future into instant liquidity on the blockchain, with a transparent, fast, and supportive experience for global economic growth.
