Huma Finance, a pioneering PayFi network, has hit a major milestone. Just two weeks after launching its upgraded 2.0 version on the Solana blockchain, the platform has processed over $4 billion in transactions. This incredible growth puts Huma on track to surpass $10 billion in total transaction volume this year.
Democratizing Real Yield
Co-founder Erbil Karaman celebrated the success, highlighting Huma’s mission to make institutional-grade returns accessible to everyone. He specifically thanked launch partners Jupiter and Kamino for their contributions. Huma 2.0 achieves this by connecting payment companies directly to stablecoin liquidity. This allows for faster, more efficient payments while simultaneously providing users with double-digit returns based on transaction fees – not volatile market speculation. This model offers a more stable and reliable yield compared to traditional DeFi platforms.
Explosive Growth
The impact of Huma 2.0 is clear. In just two weeks, the number of active wallets on the platform skyrocketed by over 490%, jumping from 5,600 to 33,000. This surge shows a strong demand for stable, high-yield investment opportunities.
What’s Next for Huma?
Huma is already planning its next steps, with upcoming partnerships with some of the world’s largest payment processors. The company aims to further expand its PayFi network, targeting a massive market estimated at over $30 trillion. This includes applications in cross-border payments, stablecoin-backed cards, and trade finance. The future looks bright for Huma as it continues to revolutionize the financial landscape.
Note: This information is promotional material and should be considered as such. Always conduct your own research before making any investment decisions./p>