Payments are a massive market. According to World Bank data, the global cross-border payment market exceeds $150 trillion, while the current penetration rate of on-chain solutions is still less than 1%. This is the opportunity that Huma Finance sees.
Through the PayFi network, Huma aims to address three major pain points: capital occupation, settlement delays, and financing difficulties. It is not just doing 'on-chain lending,' but providing a real-time, transparent, low-cost financing and settlement layer for global payment institutions and users.
In the future, as more e-commerce platforms, freelance platforms, and payment service providers come on board, Huma's user base has the potential to exceed one billion. Especially in emerging markets, where traditional banking services are inadequate, the proliferation of smartphones and stablecoins creates conditions for the implementation of PayFi.
Huma's goal is not to become a niche DeFi protocol but to become the 'financial underpinning of global payments.' In this process, it may reshape the rules of cross-border payments and truly bring blockchain technology into the mainstream financial world.
