Huma Surpasses $4 Billion In Transactions Just Two Weeks After Launching 2.0 On Solana | HackerNoon
Briefly

Huma Finance's PayFi network has achieved over $4 billion in Total Transaction Volume within two years. The recent launch of Huma 2.0 represents a significant transformation in yield accessibility, allowing users to receive double-digit yields typically reserved for institutions. By eliminating traditional banking inefficiencies, Huma creates a channel for stablecoin liquidity, improving payment efficiency while ensuring consistent returns for depositors. Growth is evidenced by a surge in active users, with wallet addresses increasing by 490% post-launch. Huma is set to expand further through new partnerships, reinforcing its market position.
"PayFi is no longer simply a concept or emerging category; it's live and scaling faster than we ever anticipated," said Erbil Karaman.
"With Huma 2.0 we're tearing those doors down and putting institutional-grade returns in the hands of every user."
"Unlike traditional DeFi, PayFi's yield is tied to fees collected during payment flows, not speculative market conditions, making it sustainable."
Read at Hackernoon
[
|
]