Messari.io
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15:59 May 26, 2025
Huma Finance is a payment financing (PayFi) protocol, offering structured settlement liquidity for use cases like cross-border payments and credit card settlements. By connecting liquidity providers and borrowers through blockchain infrastructure, Huma provides an alternative to capital-intensive and delayed settlement systems. The protocol operates two products: Huma Institutional, a permissioned platform for accredited participants, and Huma 2.0, a permissionless service designed for retail investors. Since launching Huma 2.0 on April 9, 53,400 depositors have supplied 50 million USDC to the protocol. To date, Huma has originated $2.3 billion in credit across $4.5 billion in total transaction volume and currently supports 12 active lending pools across Solana, Stellar, and EVM-compatible chains. Backed by $46 million in funding and a 2024 merger with Arf, Huma is scaling its role as the financing layer of the PayFi stack.