—Sending money to foreign clients feels like waiting for a package to go around the world three times, arriving three days later; holding an order signed by a client and wanting to get some cash flow, but the bank asks you to fill out a stack of forms and makes you wait half a month only to say 'let's see'.
Huma has done one thing: it has moved 'transfers' and 'borrowing' onto the blockchain, creating a hybrid of 'payments + finance' (what they call PayFi). Simply put, these troublesome matters that used to require offline processing and waiting for manual approval can now be completed in an instant on the blockchain, as fast as a delivery guy grabbing an order, and as stable as your home WiFi signal.
How does it work specifically? Let me break it down with a few scenarios:
Do you have an order but haven't received the money? Simply exchange it for usable cash.
For those running small restaurants or taking design jobs, when clients sign contracts saying 'we'll settle next month', but you need money for purchasing and salaries now, what do you do? On Huma, you can put this 'unreceived income' (whether it's invoices, orders, or payroll) on the blockchain, without waiting for bank approval, and directly exchange it for USDC to use. It's like receiving 'future money' in advance, no need to wait those extra days.
Don’t want to be a 'borrower'? You can also earn returns as a 'lender'.
Ordinary people can also get involved—put your spare cash into Huma's fund pool, businesses borrow money from the pool for turnover, and you earn interest. The annual rate is around 10%, which isn't low, plus you can earn extra HUMA tokens as rewards. After version 2.0, there are no thresholds; anyone can become a 'small banker'. Earning money is much more flexible than fixed deposits.
Want to play for institutions? There's a dedicated 'VIP channel'.
Large enterprises and financial institutions can also participate, but they must first pass identity verification (KYC/KYB). After that, they can connect for large-scale financing and also engage in some layered structured products. In simple terms, it’s moving the traditional financing process online, improving efficiency while maintaining regulations, making it secure for companies.
Let’s talk about HUMA, this coin, which is not just speculation—
Do you want to vote to decide platform rules? It’s a ballot;
Are you lending in the pool and contributing to the ecosystem? It’s a reward;
Want to save on fees with platform services? You can get discounts by holding it.
More practically, half of the fees earned by the platform will be used to buy HUMA on the market and then permanently destroy it. The more users there are and the more fees are generated, the more will be destroyed, resulting in less circulating in the market. Do you understand this logic?
Data can also explain the situation: After the launch of version 2.0 on April 2, 2025, the total transaction volume reached 4.5 billion USD, and the loans issued exceeded 2.3 billion USD, which is not a small amount. The investors behind it are also strong, with funding from Circle (the issuer of USDC), the Solana Foundation, and others. The security audit has passed, so it's not a wild approach.
In simple terms, Huma wants to make things like 'cross-border money transfer' and 'early access to funds' as easy as scanning a QR code—whether you're a small business owner, an ordinary person, or a large institution, you can efficiently handle money matters on the blockchain while also earning some in the process. This approach does sound promising.
