@Huma Finance 🟣 #HumaFinance

Huma Finance is a pioneering income-backed DeFi platform designed to empower individuals and businesses worldwide by leveraging income as a key underwriting factor for loans, making DeFi accessible to the 99% (Reuters) . Built on Solana, it facilitates users to collateralize future income (The Washington Post) , addressing traditional DeFi's over-collateralization limitations.The protocol introduces PayFi (Payment Finance), enabling global payment institutions to settle payments 24/7 using stablecoins and on-chain liquidity (Reuters) (CNBC) . Use cases include cross-border payments, credit cards, trade finance, and novel solutions like DePiN financing (CNBC) . Huma Finance has strong backing from prominent investors like Circle, HashKey Capital, and the Stellar Development Foundation, having raised $46 million (The Washington Post) .The protocol aims to onboard major payment institutions, card networks, and financial service providers to create a comprehensive PayFi ecosystem, accelerating payments from days to seconds while reducing costs (CNBC) . This revolutionary approach bridges traditional finance with decentralized systems, creating accessible lending solutions based on income rather than crypto collateral.