Agora's AUSD Stablecoin Shows Strong Growth and Business Vision
Agora's AUSD Stablecoin Shows Strong Growth and Business Vision
馃殌 AUSD's Million-Minute Mystery
AUSD by Agora demonstrates significant traction with over 1M transfers per minute and $10B+ in transaction volume. At PayFi Summit in Hong Kong, CEO Nick van Eck outlined the company's vision beyond stablecoin issuance.
Key metrics:
- 25,000+ active users
- $10B+ transaction volume
- 1M+ transfers per minute
Agora aims to become a comprehensive business operating system, offering:
- Digital dollar access
- Revenue sharing opportunities
- Unified financial management hub
- Integrated fiat-crypto operations
With 1M+ total transfers every minute, $10B+ in total transaction volume, and 25,000+ users, AUSD by @withAUSD is no stranger to stablecoin enthusiasts. As a key sponsor of PayFi Summit @consensus_hk, Agora's CEO, @Nick_van_Eck, emphasized in his keynote that they aim to be more
Huma 2.0 April Update and Community Q&A Highlights
Huma 2.0 achieved significant milestones in April: - $25M filled in 10 days - 33K+ total depositors (6x growth) - $4B+ transaction volume Key Q&A highlights: - Growth driven by real double-digit yields and retail access - Pool caps maintain high capital utilization - $PST to $mPST conversion available with 3-6 month lock periods - Upcoming Kamino Liquidity Vault integration - Security features include minimal admin rights and audits by Halborn and Spearbit - Token Generation Event (TGE) still targeted for Q2 The protocol emphasizes active liquidity over total TVL, with strict security measures and strategic pool management.
Huma Reports Explosive Growth Following 2.0 Launch
Huma's PayFi platform has demonstrated significant growth metrics following its 2.0 launch: - Transaction volume exceeded $4B, with projections targeting $10B+ for the year - Unique depositors increased 6x from 5,200 to 33,000 in just two weeks - Pool cap was reached within 10 days The platform recently co-hosted PayFi Connect with Tibas Ventures in Istanbul, preceding the Solana Crossroads dinner. The event featured discussions about PayFi's growth and future prospects. A new yield season is anticipated in May, with additional partnerships in development.
Huma 2.0 Launches Permissionless DeFi Platform with Real-World Yields
Huma has announced the launch of its 2.0 platform, marking a significant shift in DeFi accessibility. The update introduces: - Permissionless access while maintaining compliance - Double-digit yields from real-world financial transactions - New reward system with Huma Feathers - 1:1 conversion of existing Huma points to Feathers The platform focuses on sustainable returns through real-world financial transactions, making DeFi accessible to everyone outside restricted regions. This launch represents a key milestone in PayFi evolution. Want to learn more about real-yield opportunities? Visit [Huma](https://huma.finance)
PayFi Summit Announces Notable Speakers for Hong Kong Event
The upcoming PayFi Summit at Consensus Hong Kong has announced two prominent speakers: - **Ada Vaughan**, Senior Director of DeFi Partnerships at Stellar Organization, brings her expertise in global partnerships and DeFi strategy. Vaughan holds an MBA from Georgetown and has a background as a serial entrepreneur. - **Takayama Joe**, a crypto YouTuber and investor with 155,000 subscribers, will share insights on DeFi, Solana ecosystem, and AI in crypto. Event Details: - Date: February 17 - Location: Hong Kong - Registration: [Register Here](https://lu.ma/10xsqb5z)
PayFi vs DeFi: Understanding the Difference
At the recent #PayFiSummit, Cali Liu, President of the Solana Foundation, clarified the distinction between PayFi and DeFi. The term PayFi, coined by Liu, represents a new paradigm in financial technology. - PayFi focuses on everyday payment solutions - DeFi primarily deals with broader financial services Edwin Aoki, CTO of Blockchain, Crypto & Digital Currencies at PayPal, highlighted the outdated nature of current value transfer systems. He emphasized how PYUSD and Solana are poised to revolutionize payments through: - Instant transfers - Low transaction costs - Enhanced transparency These innovations aim to modernize the 50-year-old financial infrastructure currently in use.