Huma Finance, a San Francisco-based company and the creator of the first PayFi (Payment Finance) network, has reached a major milestone by surpassing $4 billion in total transaction volume (TTV). This achievement comes just two years after Huma’s initial launch and only two weeks after the rollout of Huma 2.0 on the Solana blockchain.
As of April 2025, Huma’s platform is growing rapidly, with transaction volume increasing by more than $500 million. The company expects to exceed $10 billion in TTV before the end of the year.
Erbil Karaman, Co-Founder of Huma Finance, commented on the platform’s growth: “PayFi is no longer simply a concept or emerging category; it’s live and scaling faster than we ever anticipated. For years, traditional finance has locked real yield behind closed doors. With Huma 2.0 we’re tearing those doors down and putting institutional-grade returns in the hands of every user. We are deeply grateful to our launch partners Jupiter and Kamino for making it even more accessible.”
Huma 2.0 aims to make real yield, which is usually only available to large institutions, accessible to everyone. In traditional banking, when people deposit money, banks use those funds for slow and expensive transfers, often returning very little to depositors. Huma’s PayFi network changes this by allowing payment companies to access stablecoin liquidity directly, speeding up payment flows and offering depositors double-digit, real-world yields.
Unlike many other DeFi (decentralized finance) platforms, Huma’s PayFi model ties its yield to fees collected during payment transactions, not to speculative market activity. This approach is designed to provide more stable and reliable returns, even when the broader crypto market is volatile.
Image: Huma.
Since the launch of Huma 2.0 on Solana, the number of active wallet addresses on the platform has increased by over 490%, rising from 5,600 to 33,000 in just two weeks. This rapid growth shows strong demand for sustainable and accessible yield in the DeFi space.
Looking ahead, Huma plans to expand its PayFi network further, with new partnerships involving some of the world’s largest payment institutions expected soon.
Huma Finance’s mission is to accelerate the movement of money for a world that’s always on. The company’s open-stack liquidity protocol supports applications in areas such as cross-border payments, stablecoin-backed cards, and trade finance, addressing a market estimated to be worth over $30 trillion.
The PayFi Network
The PayFi network is making a significant contribution to the blockchain industry by bridging the gap between traditional finance and decentralized finance. Unlike many blockchain projects that focus on speculative trading or volatile assets, PayFi introduces a model where real-world payment flows generate yield for users. This approach not only provides more predictable and sustainable returns but also encourages broader adoption of blockchain technology by payment companies and everyday users.
By enabling instant, capital-efficient access to stablecoin liquidity, PayFi helps streamline cross-border payments, supports new financial products like stablecoin-backed cards, and brings institutional-grade financial opportunities to a wider audience. As a result, PayFi is helping to move blockchain beyond speculation and into practical, everyday financial services that can benefit both individuals and businesses.
