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When Traditional Settlement Meets Blockchain: How Huma Allows Payment Institutions to Say Goodbye to the SWIFT Era?
Imagine this: you're transferring money to a friend overseas, either waiting for the bank to process it slowly (which may also charge high fees), or finding a third-party payment platform (where the exchange rate may get 'eaten' by fees). Now, global payment institutions have a new option — Huma Finance.
This PayFi (Payment Finance) network acts like a 'blockchain accelerator' for traditional settlement systems, allowing banks, credit card companies, cross-border trade platforms, and other institutions to settle in real-time using stablecoins, 24/7, completely bidding farewell to SWIFT's 'antique-level' transfers and cumbersome preloading models. From cross-border remittances to supply chain finance, and even emerging DePIN (Decentralized Physical Infrastructure Network) financing, Huma can handle it all.
@Huma Finance 🟣 #HumaFinance
Imagine this: you're transferring money to a friend overseas, either waiting for the bank to process it slowly (which may also charge high fees), or finding a third-party payment platform (where the exchange rate may get 'eaten' by fees). Now, global payment institutions have a new option — Huma Finance.
This PayFi (Payment Finance) network acts like a 'blockchain accelerator' for traditional settlement systems, allowing banks, credit card companies, cross-border trade platforms, and other institutions to settle in real-time using stablecoins, 24/7, completely bidding farewell to SWIFT's 'antique-level' transfers and cumbersome preloading models. From cross-border remittances to supply chain finance, and even emerging DePIN (Decentralized Physical Infrastructure Network) financing, Huma can handle it all.
@Huma Finance 🟣 #HumaFinance
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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