« LAST MINUTE:
With the enactment of the GENIUS law, the United States 🇺🇸 is making a significant leap forward, positioning itself as a leader in digital dollar innovation and offering a clear and regulated pathway for the future.
A historic moment for stablecoins and PayFi. This is the perfect time to develop them.
$HUMA and Stablecoins:
Huma's mission is to accelerate the flow of money in a constantly evolving world. In 2023, we partnered with @circle to provide stablecoin-based solutions to payment institutions, helping them replace archaic pre-funding requirements with a 24/7 operational model.
Huma's on-demand liquidity solutions @USDC have experienced rapid growth, surpassing $5 billion in volumes last month, and we are on track to reach $10 billion by the end of the year.
Regulatory clouds are lifting:
While demand from large institutions has been strong, regulatory uncertainty surrounding stablecoins has often caused them to hesitate. Many have found Huma's PayFi network superior to alternatives but have been reluctant to fully commit.
With the GENIUS law, the situation is changing. With the United States leading the way, global institutional adoption will follow. »
This is post X from @Huma Finance 🟣 after the passage of the law.
Are you on board or will you complain later about missing the movement?
Knowing that Erbil Karaman (one of the two co-founders of Huma) was invited by President Trump for the signing of the GENIUS ACT)
