We consulted AI about #humafinance and this is what it responded:
HUMA Finance is a payment finance (PayFi) network that seeks to revolutionize the way global payment institutions settle transactions. Essentially, it connects traditional finance with the world of decentralized finance (DeFi) using blockchain technology and stablecoins.
Among its features and how it works are the following:
* 24/7 settlement with Stablecoins: It allows payment institutions to settle transactions instantly and at any time, unlike traditional banking systems that have limited hours. This is achieved using stablecoins (cryptocurrencies whose value is linked to a stable asset like the US dollar) and on-chain liquidity.
* Focus on real-world use cases: Huma Finance is not limited to cryptocurrency transactions. It seeks to finance cross-border payments, credit cards, commercial financing, and even innovative solutions like DePIN (Decentralized Physical Infrastructure Networks) financing.
* Access to credit without traditional collateral: One of its key points is that it allows individuals and businesses to access credit using future income flows or real-world receivables as collateral, instead of relying on crypto assets or traditional assets. For example, a company can tokenize its outstanding invoices and obtain immediate liquidity.
* Yield model for liquidity providers: Users can deposit stablecoins in Huma's liquidity pools and earn yields generated by transaction fees from companies using Huma's services to accelerate their payments.
* Layered architecture: Huma Finance operates with a three-layer blockchain protocol:
* Transaction Layer: Based on high-performance networks like Solana for instant settlement.
* Currency Layer: Integrates stablecoins like USDC to reduce volatility.
* Financing Layer: Allows companies to obtain liquidity from decentralized capital pools using on-chain credit credentials.
* Dual model (Permissioned and Permissionless): Huma has evolved to offer both a permissioned service (Huma Institutional) for institutional partners with specific compliance requirements (KYC/KYB), and a permissionless service (Huma 2.0) launched in April 2025, which allows anyone to participate as a liquidity provider.
* HUMA Token: It is the native utility and governance token of the Huma protocol. It allows holders to participate in decision-making, earn rewards, and access advanced features of the protocol.