Industry reports and official announcements from Huma Finance

Huma Finance Launches PayFi, Transforming RWA and Global Payments with Blockchain and Solana

Jul 22, 2024, 05:23 PM

Huma Finance has launched PayFi, a new global network for payments, which is set to revolutionize the Real World Assets (RWA) space. PayFi leverages blockchain and stablecoin technologies to finance both on-chain and off-chain payment applications. The initiative involves key partnerships with Solana, Stellar, Circle, and other prominent blockchain entities including @arf_one. PayFi aims to provide instant access to liquidity and instant settlement of payments, enhancing the efficiency of global payment systems. The platform is designed to support the financing of global payments and attract institutional capital by leveraging credit ratings. PayFi also aims to inject new energy into traditional financial markets and amplify their value, particularly in supply chain enterprises.