《Is Cross-Border Payment Too Painful? Huma Finance Cuts Fees in Half with PayFi》

Who hasn't been ripped off by cross-border payments? Charging a 10% fee is one thing, but waiting 3 days for the money to arrive? When you're in a hurry to send money to family overseas, it can really make you sweat. But the PayFi network created by @Huma Finance 🟣 has turned this into a 'domestic transfer-level experience'—using blockchain to build a new channel, reducing fees to half the original amount and cutting the arrival time from 3 days to just a few minutes. This move directly addresses the pain points of traditional finance.

Not only is it fast, but it also combines 'financing' and 'payments.' For example, if a foreign trade company needs to pay an overseas supplier but hasn't received the invoice and is short on cash? On Huma, accounts receivable can be used as proof to borrow the amount needed for immediate payment, and then pay it back once the money is received, avoiding the bottleneck of waiting for payment terms. The decentralized signal processor in the platform can integrate income data in real-time and calculate credit scores, so there's no need to fill out a pile of forms when borrowing money. The smart contract automatically completes the process, and with #HumaFinance ’s efficiency, traditional banks would be in a panic.

Now it has accumulated over 4.3 billion in transactions and signed partnerships with more than 30 companies, even getting on Binance Launchpool. The $HUMA token not only allows for governance voting but can also earn Feather points through staking. The most impressive part of @Huma Finance 🟣 is the tokenization of real assets on the blockchain—using an SPV structure to tokenize accounts receivable, allowing investors to clearly see the flow of every dollar, without having to guess whether a project is reliable. #HumaFinance has proven that blockchain isn't just for speculating on coins; solving real financial pain points is the hard truth.

Conclusion: Cross-border payments no longer need to be 'suckers'—#HumaFinance has re-engineered the process with PayFi, making it faster, cheaper, and also allowing for borrowing money. This wave of innovation is worth paying attention to.