Huma Finance's PayFi Stack - The Innovative Force of Financial Infrastructure

As an enthusiastic observer of blockchain finance, I was deeply impressed by the innovative design of the six-layer architecture in the PayFi Stack blog of @Huma Finance 🟣 . The PayFi Stack transforms the inefficiencies of traditional finance (such as 3-5 day settlement periods and high costs) into instant, programmable financial services through a modular framework.

The transaction layer achieves 400 millisecond confirmations using high-performance blockchains like Solana; the currency layer employs stablecoins like USDC to ensure price stability; the custody layer ensures asset security through Fireblocks' MPC technology; the compliance layer integrates Chainalysis to meet global regulatory requirements; the financing layer supports accounts receivable tokenization, providing real-time liquidity; and the application layer empowers scenarios like cross-border payments and trade financing. The vision of #HumaFinance is to unlock the potential of $40 trillion in prepaid accounts.

In July 2024, @Huma Finance 🟣 launched the PayFi Stack with the support of Solana, Stellar, and Circle, handling $3.8 billion in transaction volume and serving a $16 trillion payment market. The $HUMA token (total supply of 10 billion) drives ecosystem governance, allowing users to participate in protocol decisions through staking $HUMA and enjoy an annual yield of 10.5%. I believe that the PayFi Stack provides a seamless financial experience for retail and institutional users by integrating the advantages of CeFi and DeFi.

In the future, Huma Finance plans to expand to more blockchains, combining AI to optimize risk management and further promote the decentralized transformation of global finance. $HUMA is the core driving force of Web3 financial innovation.