Huma Finance

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 launches three exclusive badges for community members: **OG LP Badge** - For early liquidity providers before April 2025 - Maintain 100+ USDC liquidity to keep badge - Includes exclusive perks **Vanguard Badge** - For $HUMA stakers based on airdrop amount - Alternative path: Stake 100k $HUMA for 6 months - Maintain 10k $HUMA to keep badge **Anchor Badge** - Deposit 1k+ USDC with 6-month lockup - Re-deposit within 3 months after maturity - Earn 2x deposit limit or wallet cap increase *Deadline for Vanguard qualification: June 15*

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.

Huma has officially launched its market on Kamino Finance, enabling users to borrow against $PST tokens and participate in yield farming activities. Key features: - Borrowing against $PST tokens - Looping capabilities for enhanced yields - 3x feather rewards on USDC lending during launch promotion The integration, previously announced in April 2025, marks the completion of Huma 2.0's expansion to Kamino Finance's platform on Solana. [Visit Huma Finance](https://app.huma.finance/)

In a recent interview with New Economy, PayFi's Co-Founder discussed key developments in the stablecoin ecosystem: - Historic GENIUS Act signing at the White House establishes regulatory framework - Current Stable Summer phase marks increasing institutional adoption - Focus on Yen-denominated stablecoins expansion - Strategic emphasis on Japanese market development This follows recent collaborations between major players like Coinbase, PayPal, and Société Générale, indicating growing institutional interest in global stablecoin infrastructure.

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)

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)

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.