Huma Finance, a blockchain project rooted in Middle Eastern mythology, is reshaping the payments and financing sectors in an innovative way. Its founder Richard, with extensive experience at Google and in the fintech industry, is leading the team to tackle the persistent issues of cross-border payments and salary advances in the traditional financial system.

Huma's achievements are remarkable. The protocol's total on-chain transaction volume has surpassed $4 billion, and it has maintained an excellent record of zero credit defaults to date. Such performance has attracted the favor of investors, enabling it to successfully raise over $46 million in funding. To ensure asset security, Huma has introduced innovative "first loss protection mechanism" and "senior/junior structure", further enhancing user confidence.

Recently, Huma launched version 2.0 in the Solana ecosystem, attracting $12 million in deposits within just a week, with an annualized yield of up to 14.3%. This achievement demonstrates the market's recognition of Huma's solutions.

Looking to the future, Huma plans to focus on areas such as cross-border payment financing and decentralized physical infrastructure network (DePIN) funding. The team is ambitious, aiming to push the transaction scale to the level of tens of billions of dollars.

The development trajectory of Huma clearly outlines the immense potential of Blockchain technology in the field of financial services. As the project continues to break new ground, we have reason to expect Huma to make more exciting progress in reshaping the payment and financing ecosystem.