Under-collateralized credit onchain… is that finally real or just rebranded risk? Huma Finance’s approach—PayFi rails, cross-border settlement without pre-funding, and income-backed credit—reads like fintech nerve meeting DeFi muscle. The legit unlock is freeing trapped working capital for SMEs and platforms while keeping receipts verifiable. But timing matters: token unlock schedules and treasury movements can swamp fundamentals in the short term. If integrations deepen and the credit loop performs (low defaults, transparent risk pricing), Huma can graduate from “DeFi curiosity” to “infrastructure you don’t notice until it stops.” That’s the bar. #HumaFinance @Huma Finance 🟣 $HUMA