What is PayFi? @Huma Finance 🟣
Huma Finance introduces the concept of "PayFi" (i.e., Payment Financing).
It allows users to use future income, salaries, invoices, or cross-border remittances as credit collateral on the blockchain, without the need to use traditional crypto assets as collateral, to obtain stablecoin loans such as USDC.
This model greatly enhances financial inclusion, enabling regular users to participate in DeFi credit. $HUMA
The platform supports instant cross-border payment settlement 24/7, solving the 3–5 day delays and high costs of traditional cross-border payments.
The ecosystem as a whole has completed transactions on the blockchain of over 4.5 billion dollars, with liquidity funds exceeding 103 million dollars.
Liquidity providers earn an annual yield of up to 10.5%, with a maximum reward multiplier of up to 17.5 times. #HumaFinance $HUMA