The global payment system faces numerous challenges in its continuous development, and Huma Finance reconstructs the global payment system in its unique way. Let us understand how it achieves this.
Huma Finance adopts the PayFi model, integrating on-chain liquidity with 24/7 stablecoin settlement, successfully breaking down the barriers of cross-border payments. Traditional cross-border payments suffer from time delays, high costs, and liquidity pressures. Huma addresses these issues through its stablecoin bridging method, achieving near-instantaneous cross-border transfers, reducing transaction fees, and resolving liquidity issues for payment institutions through its liquidity pool sharing mechanism.
Huma innovatively introduces the "Income-Backed Lending" protocol, allowing payment institutions to use future accounts receivable as collateral to obtain instant liquidity. For example, a cross-border e-commerce platform can pre-collateralize receivables from overseas buyers and borrow an equivalent amount of USDC from Huma's fund pool to pay suppliers, solving the mismatch in payment terms and optimizing the flow of funds within the global payment system.
Huma acquired the licensed institution Arf Financial to obtain an MSB license and built a triple compliance barrier, including KYC/AML on-chain implementation, real-time reserve audits, and regulatory sandbox collaboration, ensuring global compliance operations and providing compliance assurance for the reconstruction of the global payment system.
Through innovative models, financial protocol design, and compliance assurance, Huma Finance reconstructs the global payment system, bringing a more efficient, convenient, and compliant new experience to global payments, and promoting the global payment system towards a better direction.
