Huma Introduces Three New Achievement Badges

The 4th PayFi Summit, co-hosted by Huma and Solana Foundation, is scheduled for October 1st in Singapore, coinciding with Token2049. The event follows a successful previous summit in Hong Kong. - Focus on on-chain finance and stablecoins - Explores innovations in global payments and liquidity - Brings together industry leaders and innovators Register here: [PayFi Summit Registration](https://lu.ma/6z717qxo) Previous summits have served as key platforms for advancing the PayFi ecosystem and redefining possibilities in global finance.

Huma Finance announces a collaborative AMA session with SuperteamJapan, featuring Co-Founder Erbil (@0xErbil). The session will cover: - Latest Huma updates - Genius Act developments - Stablecoin discussions **Event Details:** - Date: Thursday, August 14 - Time: 1PM UTC / 10PM JST - Language: Japanese - Platform: [Twitter Spaces](https://x.com/i/spaces/1yoJMPRNLpoGQ) *This follows their successful January collaboration discussing PayFi and global payment innovations.*

PayFi emerges as a pioneering DeFi protocol focused on income-backed lending and borrowing. The network enables users to: - Use future receivables as collateral - Access DeFi lending markets with real-world income - Earn yields by providing liquidity The protocol aims to democratize lending by expanding beyond traditional crypto collateral, making DeFi more accessible to mainstream users. This marks a significant shift in how lending markets evaluate creditworthiness.

PayFi demonstrates substantial growth with transaction volume increasing 3.4x year-over-year from $1.7B to $5.7B, targeting $10B by end of 2025. - Total Active liquidity grew 19.4x YoY from $7M to $136M - PayFi Assets up 50% to $98M this month - Capital efficiency: Huma protocol turns over 4.1x monthly (50x annually) - Annualized Revenue reached new ATH of $17M (16x YoY growth) The protocol's growth is driven by increased institutional demand following stablecoin regulation changes. Each $1 of liquidity settles $50 in annual payments, generating sustainable double-digit yield.