Huma Finance price

"PayFi is reshaping global payments with blockchain, how Huma is becoming an industry leader" HUMA's Project Flywheel is expected to launch soon. To keep up with the pace of financial acceleration, first, get a solid understanding of the fundamentals! @humafinance @humafinance_zh 1⃣ What is PayFi? 🏦💱 PayFi = turning "money that will definitely be received in the future" (like card refunds, cross-border settlements) into stablecoins that can be used today, using blockchain for accounting and risk control in between, allowing funders to earn real fees/interests. How is this achieved? By putting future receivables on-chain, creating verifiable payment receipts; Funders advance USDC to merchants/institutions based on this; Once the actual payment funds arrive, automatic repayment + fees/interest are paid back to the funders; The entire process is recorded on-chain, transparent and traceable. Why is it more sustainable? The revenue comes from real transaction fees/interests, not from issuing new coins to "inflate annualized returns." Stablecoin clearing and settlement are faster, cheaper, and have higher capital turnover efficiency. 2⃣ Traditional payment pain points are exactly PayFi's opportunities ⚙️ In 2024, the global payment transaction volume is about $200 trillion, with industry revenue around $2.5 trillion, and cross-border payment flow approximately $194.6 trillion. High fees and slow settlements: About 1 in 9 people globally rely on remittances; the average cost of cross-border remittances remains high (around 6% in many countries); cross-border retail payments generally take 2-5 business days to settle. Insufficient financial coverage and capital occupation: Approximately 1.4 billion people globally are unbanked; to meet same-day settlement, pre-funding locked in various locations is estimated to reach $4 trillion. Time, cost, and transparency issues are prominent! 3⃣ HUMA is making a comprehensive attack on traditional payments 🚀🟣 ⚡️ No pre-funding, faster settlements In 2024, HUMA will merge with Arf, providing compliant cross-border payment institutions with on-demand USDC short-term credit/liquidity, allowing them to achieve same-day or near real-time settlements without pre-funding. ⌚️ Turning "future receivables" into "funds available today" Receivables are verifiably put on-chain, allowing funders to advance stablecoins. Once real payments are received, automatic repayment + fees occur. Merchants do not have to wait T+ multiple days; funds can be immediately reinvested into the next round of business. 🤖 Risk control "machine underwriting," information transparency HUMA has Evaluation Agents: like on-chain "underwriters," responsible for credit granting, pricing, default determination, and restructuring; key credit statuses are recorded on-chain throughout, reducing manual back-and-forth and black-box processes, improving processing efficiency and predictability. 🪜 Structured funding and term management, requiring both speed and stability The protocol offers different term configurations (no lock/3 months/6 months), allowing for quick access to funds while meeting the needs of funders with different risk preferences, forming a sustainable funding supply. 🛠️ Dual product lines, connecting institutional and retail "funding supply" Institutions go through KYC/KYB with Huma Institutional; the retail side has Huma 2.0 (anyone can deposit starting at an annualized 10%), creating a combinable strategy pool that "instantly aggregates" dispersed retail funds to meet real payment financing needs at any time. Moreover, Huma 2.0 is deployed on Solana, combined with protocols like Jupiter, Kamino, and Meteora, further enhancing matching efficiency and capital utilization, allowing "funds to come quickly and be used wisely." 🪐 "Flywheel" mechanism: simultaneous improvement in speed and scale The upcoming Project Flywheel (like Looping / Reserve / Vault) is designed to amplify capital efficiency, provide liquidity backup, and stabilize long-term supply, allowing businesses to have higher turnover while maintaining stronger capacity and resilience, giving users higher returns. For specifics, check out Lao Bai's interpretation: 💹 More sustainable "real returns" The returns for funders come from real transaction fees/interests from cross-border settlements, card clearances, e-commerce refunds, etc., rather than relying on inflationary tokens to "inflate annualized returns," making it more resilient to cycles. In conclusion about HUMA: HUMA resolves the old issues of "slow, expensive, and capital-occupying" with on-demand credit + stablecoin clearing and settlement; then uses verifiable on-chain cash flow + machine underwriting + structured funding + Solana speed + flywheel mechanism to quickly gather, transfer, and utilize funds steadily, thus turning the fees/interests from real payment businesses into sustainable "real returns." Looking forward to HUMA's explosion! OK, that's it for today, follow @bclaobai for more HUMA information 💻 Related data and information references: 1, 2, 3, 4, 5,