Huma Finance (HUMA)
Huma Finance (HUMA) is the first PayFi network, designed to enable global payment institutions to settle payments around the clock using stablecoins and liquidity on-chain. This approach provides speed, transparency, and efficiency to the traditionally slow financial infrastructure. Since its inception, Huma has processed over $3.8 billion in transaction volume and achieved real returns for liquidity providers.
The name PayFi combines 'payment' and 'finance' to describe a new way of transferring money. Unlike traditional banks or payment systems, which often take days to settle transactions, Huma uses blockchain technology and stablecoins to settle payments instantly, at any time of day or night.
Huma primarily aims to address a major problem: global financing is slow, fragmented, and expensive. Merchants may wait days to receive payments, and suppliers often face long payment terms, while individuals sending money across borders lose a lot due to fees and delays. Huma aims to change this by making money flow as quickly as information flows in today's digital world.
