A notable new direction is quietly emerging in the field of financial technology—PayFi. This innovative concept cleverly combines payment and financing functions, providing users with more flexible Financial Services.

In this emerging sector, Huma Finance has demonstrated the courage of a pioneer. The platform has taken an unconventional approach by transforming real-world income streams (such as salaries, invoices, etc.) into the foundational basis for on-chain credit assessment, creating a brand new lending model.

Unlike traditional cryptocurrency lending, which primarily relies on collateralized crypto assets, Huma Finance adopts an unsecured lending model. This model is based on the time value of money, allowing users to borrow up to 70% to 90% of their future income, effectively meeting real-world financing needs.

From the perspective of market valuation, compared to XRP, which has been deeply cultivated in the payment field for many years, PayFi's valuation seems relatively conservative. However, this new model that seamlessly connects real income with blockchain financial services may contain greater development potential and market space.

The emergence of PayFi has not only bridged the gap between traditional finance and the blockchain world but also opened up vast imaginative space for financial innovation. Will it become the next trendsetter in the development of financial technology? This question deserves close attention from industry insiders and investors.

With the continuous advancement of technology and the evolution of market demands, innovative financial models like PayFi may play an increasingly important role in the future financial ecosystem. It not only provides users with more diversified financial service options but also injects new vitality into the development of the entire industry.