Huma recently launched the "USDC on-chain pay later" service in collaboration with Circle and Stellar, attracting attention in emerging markets worldwide. This service allows users to pay consumer bills in installments, enhancing borrowing efficiency through on-chain credit scoring and income flow verification.

This model is significant for low to middle-income individuals, as they can build credit through on-chain data, gradually obtaining greater financial leverage. The dynamic interest rate model adopted by Huma also mitigates liquidity risks in highly volatile markets.

Additionally, Huma is developing credit delegation and on-chain salary flow tokenization tools, allowing businesses to bundle and transfer employee income contracts for trading in the secondary market. This could become a new starting point for the on-chain bond market.

As central banks around the world gradually pay attention to the implementation of "programmable money," protocols like Huma may become pioneers in the on-chain credit ecosystem, attracting financial institutions and on-chain applications to build a true RWA scenario closed loop. #HumaFinance @Huma Finance 🟣 $HUMA