🏦GENIUS Act Historical Moment, PayFi Summer Officially Kicks Off

📌Let’s take a look at what Huma has delivered after one month of launch @DrPayFi

@humafinance was invited to attend the presidential signing of the GENIUS Act, which primarily establishes the status of compliant stablecoins in the mainstream financial system.

After this point, the global cross-border payment infrastructure will be reshuffled. PayFi Summer enters an acceleration phase.

PayFi is a very large funding sector, belonging to a major branch of stablecoins. Huma's layout in this sector is earlier than most projects.

In 2023, it partnered with Circle (yes, the stablecoin issuer that went public last month) to provide on-demand USDC liquidity solutions for payment institutions, helping them break free from traditional financial pre-funding requirements and complete settlements in a 24/7 operating manner.

📌Current achievements: Last month, Huma's trading volume exceeded 5 billion USD, and the goal of breaking 10 billion by the end of the year is almost locked in.

As the macro environment warms up, Huma's own technology and funding structure also completed key upgrades in the past month.

On July 14, the deposit function of Huma 2.0 was opened, raising the single wallet limit from 100,000 USDC to 500,000 USDC.

After deep integration of PST deposit certificates and Jupiter, funds can be converted back to USDC at any time, completely resolving liquidity issues, which is crucial for many large participants.

From the data, the effects of this upgrade became immediately apparent. By July 16, the deposit scale of the Huma 2.0 liquidity pool had reached 150 million USDC, a 15% increase from June.

The total number of Feather Points soared to 2.85 billion, and the number of staked $HUMA increased to 320 million, with a synchronous increase in the willingness to deposit and stake.

To stimulate participation in the second quarter airdrop, Huma launched a limited-time staking event on July 7, with staking rewards increased up to 19 times. In the first week of the event, it attracted 12,000 users, adding 50 million HUMA in staking.

📌All of this is preparing for the second quarter airdrop in late August.

The scale of the second quarter airdrop is 210 million HUMA, accounting for 2.1% of the total supply, which is approximately 7.35 million USD based on July's market price.

The distribution structure is very detailed, with 65% going to liquidity providers, 25% to ecological contributions and protocol revenue, and only 10% as community rewards, with content creators receiving 0.125% and task allocation to Kai** at 0.025%.

From a broader trend perspective, the adoption of PayFi will enter an explosive period after the GENIUS Act, and compliant stablecoin networks like Circle and Global Dollar need an execution layer. Huma's positioning happens to be the hub that connects compliant funds and on-chain liquidity.

Policy, technology, and demand are intertwined, just waiting for PayFi summer to ignite the heat!!