@Huma Finance 🟣 Building Financial Lego, PayFi Stack Reshapes New Ways of Payment Financing

In the world of traditional finance, the payment and financing system is like an old and rigid machine, struggling to adapt to the changing market demands. Every innovation feels like forcing new power into rusted gears, making progress difficult. But @Huma Finance 🟣 is determined to break this deadlock. Launched in July 2024, PayFi Stack emerges like a magical 'Financial Lego', opening up a new era of free combinations in the financial sector.

The six-layer architecture of PayFi Stack is like a set of carefully designed Lego blocks, with each layer having unique functions that can work together. The transaction layer uses Solana and Stellar as the foundation, ensuring that transactions are fast and cost-effective, and merchants can conduct large-scale transfers without pressure. The currency layer centers around USDC and will introduce yield-bearing stablecoins in the future, allowing your funds to no longer just sleep, but to grow in value within stability. The custody layer employs MPC technology to ensure the safety of funds and achieve fast settlements, so suppliers no longer have to worry about whether payments have been received.

The most creative aspect is the application layer, which gives developers unlimited creative space, just like providing them with a set of creative blocks. Some have built cross-border payroll systems to solve the payroll distribution issues of multinational companies; others have developed microloan tools to provide funding support for small and micro enterprises. Different application scenarios meet diverse financial needs.

$HUMA The token is the key to playing with this 'Financial Lego', allowing community members to participate in governance by staking $HUMA , voting to determine the launch of new features, and incentivizing validation nodes, making the entire system more robust. Now, the credit card industry has also noticed the potential of PayFi Stack. If the $16 trillion credit card market introduces real-time installment features, users can obtain limits just by swiping their cards, significantly improving the efficiency of banks' billing processes.

Of course, @Huma Finance 🟣 is also aware of the global regulatory challenges, but they have already actively engaged in dialogue with various national agencies, striving to integrate compliance into the compliance layer. Although PayFi Stack is just getting started, it brings new hope to the financial industry, allowing payment financing to become as flexible and efficient as playing with Lego, at will. #HumaFinance , the future is here.