Last night, a friend who works as a freelancer suddenly posted on social media: "If HUMA had come out a year earlier, I would have borrowed several hundred thousand in high-interest loans less." This immediately piqued my curiosity.
Huma Finance is involved in PayFi (Payment + DeFi), which can convert stable income sources like future salaries, invoices, and remittances into collateralized assets on the blockchain, allowing you to borrow 70-90% of cash flow in advance. The entire process is driven by a Time Value Model (TVM) and oracles, which evaluate the reliability of your income and then instantly disburse funds to your wallet. There are no traditional collateral requirements for loans, and no cumbersome reviews by intermediaries.
This model effectively breaks the ceiling that DeFi lending can only rely on crypto assets as collateral, bringing real-world cash flow onto the blockchain, making it especially suitable for groups with strong capital turnover needs, such as foreign trade, freelancers, and supply chain participants. RWA (Real World Assets on the blockchain) is one of the hottest sectors in 2024, and HUMA is perfectly positioned to ride this trend. Some people are saying it may become the "gateway" for Web3 credit financing, and this is not just empty talk.