Huma Finance: Making Cross-Border Payments as Simple as Sending a WeChat Red Envelope
Transferring money abroad is really too troublesome now! Not only are the fees high, but waiting three to five days is common. However, there is a project called @Huma Finance 🟣 that is using blockchain technology to change this situation, making cross-border payments fast and cheap.
In simple terms, Huma is like an upgraded version of Alipay, but it uses blockchain technology. Previously, bank transfers took several days to arrive, but now with Huma, it only takes a few seconds, and the fees are only a tenth of what they used to be. This is not just talk; they are currently processing over $50 million in transactions every day.
The most impressive part is that Huma can convert a company's accounts receivable into digital tokens. For example, if your company has an overseas payment that hasn't been received, Huma can help you get the money in advance, and they have done $4.6 billion in business without a single bad debt so far. This is much more convenient than getting a loan from a bank!
Huma also has its own token called $HUMA . Holding this token not only allows participation in project decision-making but also earns a share of the fees. Some have calculated that if Huma can capture 1% of the cross-border payment market, the price of this token could double. They have already partnered with the Jupiter platform, with 400,000 people using their services.
For small business owners engaged in foreign trade, Huma is simply a blessing. No longer will they be burdened by high bank fees; payments arrive instantly, and cash flow is much quicker. Plus, all transactions are traceable on the blockchain, so there’s no need to worry about being scammed.
Although not many people are using it yet, Huma is a project that genuinely addresses pain points and is likely to become popular in the future. After all, who doesn't like fast and cheap services? Friends who want to try something new can take a look; it might just be the next opportunity on the level of Alipay.
@Huma Finance 🟣 #HumaFinance $HUMA
