The Good Tech Companies - Huma Surpasses $4 Billion In Transactions Just Two Weeks After Launching 2.0 On Solana

Episode Date: April 25, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/huma-surpasses-$4-billion-in-transactions-just-two-weeks-after-launching-20-on-solana. As of... April, the platform is growing at a rate of over $500 million, and is on track to exceed $10 billion TTV within the year. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #huma, #meet-chainwire, #press-release, #huma-announcement, #crypto-funding, #crypto-exchange, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Huma Finance, the first PayFi network, has passed $4 billion in Total Transaction Volume. Huma 2.0 is innovative for its ability to democratize real yields normally only accessible to institutions. The number of active wallet addresses on Huma has surged over 490% from 5,600 to 33,000 in two weeks.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Humma surpasses $4 billion in transactions just two weeks after launching 2.0 on Solana, by Chainwire. San Francisco, California, April 25, 2025, Chainwire, asterisk Humma Finance, the first PayFi network, has surpassed $4 billion in total transaction volume, TTV. Just two years after its launch and within two weeks of unveiling Huma 2.0 signaling a major shift in how ReelYield is accessed and distributed in DeFi. As of April, the platform is growing at a rate of over $500 million, and is on track to exceed $10 billion TTV within the year. Greater than, PayFI is no longer simply a concept or emerging category.
Starting point is 00:00:47 It's live and greater than scaling faster than we ever anticipated," said Urbeel Karaman, co-founder of Humma Finance. For years, traditional finance has locked real yield behind greater than closed doors. With Humla 2.0 we're tearing those doors down and putting greater than institutional grade returns in the hands of every user. We are deeply grateful greater than to our launch partners Jupiter and Camino for making it even more accessible. Humla 2.0 is innovative for its ability to democratize real yields normally only accessible to institutions. Traditionally, when you deposit funds into a bank account, the bank leverages that liquidity for slow, costly transfers, like SWIFT, while returning almost nothing to the depositor.
Starting point is 00:01:29 With Huma's PayFi network, that model is flipped. Payment companies access stablecoin liquidity directly to accelerate their payment flows in a capital-efficient way, depositors receive double-digit, real-world yields in return. Unlike traditional DeFi, PayFi's yield is tied to fees collected during payment flows, not speculative market conditions. This makes it a more sustainable and reliable alternative for users seeking consistent returns in a volatile environment. Since launching Huma 2.0 on Solana, the number of active wallet addresses on Huma has surged over 490% from 5,600 to 33,000 in just two weeks.
Starting point is 00:02:08 This rapid growth demonstrates the appetite for real and sustainable yield. Huma is now preparing to expand the PayFI network even further, with upcoming partnerships involving some of the world's largest payment institutions. For more information about Huma 2.0 and upcoming announcements, visit Humma Finance. About Humma Finance Humma is the first PayFI, payment finance, network. It features an open-stack liquidity protocol with applications for key areas like cross-border payments, stablecoin-backed cards, and trade finance.
Starting point is 00:02:40 The network addresses a total market estimated at over $30 trillion. Its mission is to accelerate the movement of money for world that's always on. Contact Overeagiro Humah Financejiro at humah.finance. Tip This story was distributed as a release by Chainwire under Hacker Noon's business blogging program. Learn more about the program here. And thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.

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