EIA refining facility utilization rate in the United States for the week ending July 25

Circle, valued at $9 billion, is one of the largest companies in the crypto industry. This article is a full list of Circle Ventures investments from 2023 to the present.

In today's rapidly developing Blockchain technology, the era of multi-chain parallelism has arrived. However, this diverse ecosystem has also brought new challenges, especially in terms of cross-chain collaboration. In this context, a unified credit underlying infrastructure has become particularly important. The HUMA protocol, as an innovative income credit blockchain-based platform, is providing solutions to this challenge. It can serve not only a single blockchain ecosystem, but more importantly, HUMA has a natural cross-chain scalability capability. By providing a standardized income data interface, HUMA enables financial protocols on different Blockchains to conveniently access relevant information. This feature paves the way for constructing a cross-chain collaborative income credit network, which is expected to promote the deep integration of the multi-chain decentralized finance (DeFi) ecosystem. With the development of HUMA, we can foresee a more interconnected blockchain financial world. In this world, users' income credits will no longer be limited to a single chain, but can be seamlessly transferred and applied across multiple blockchains. This not only improves the efficiency of fund usage but also provides users with more financial options. However, building such a cross-chain income credit network is not an easy task. It requires addressing a series of technical challenges such as data consistency, privacy protection, and cross-chain communication. Nevertheless, the efforts of the HUMA protocol undoubtedly point to a viable direction for the future development of multi-chain DeFi. Overall, HUMA is building a critical infrastructure for the Blockchain world. With the improvement of this infrastructure, we have reason to expect a more open, efficient, and inclusive decentralized financial future.

In the current DeFi space, while numerous protocols are competing for high returns, Huma Finance has chosen a unique development path. They are focusing on the "real-world assets (RWA)" track, which is full of long-term value, and are committed to transforming off-chain income into on-chain assets. This innovative approach has allowed Huma to stand out in the Decentralized Finance ecosystem. Unlike other platforms that are still considering issuing tokens to attract funds, Huma has successfully brought real cash flows such as corporate loans and salary advances into the blockchain world. This model not only maintains the stability of traditional finance but also fully leverages the efficiency of Web3. It is particularly noteworthy that during market downturns, Huma's strategy appears especially wise. The close connection between RWA and macro interest rates gives it the potential to traverse market cycles. In the long run, this model based on real value has more practical value and durability than projects that rely solely on market expectations for support. Huma Finance's approach represents a new trend in the DeFi field, which is not just simple concept hype but solid practice and innovation. This method of integrating real-world assets with blockchain technology may open up a new path for the future development of DeFi, worthy of close attention from industry insiders.

In today's rapidly evolving digital finance landscape, a project called HUMA is bringing innovation to income monetization and on-chain credit. As the world's first PayFi network, HUMA aims to seamlessly connect real-world income with the credit system on the blockchain. The biggest highlight of this innovative model is that users do not need to provide traditional collateral, but can obtain loans based on future expected income. This not only greatly enhances the flexibility of borrowing but also provides a new financing channel for those who have insufficient assets but stable income. The system design concept of HUMA is to allow users to utilize "future money" in advance, fully leveraging the time value of funds. By converting future income into current available funds, users can better seize investment opportunities or respond to urgent financial needs. On a technical level, HUMA utilizes smart contracts to streamline the entire lending process. This not only improves efficiency but also increases the transparency and credibility of transactions. The use of smart contracts ensures the automatic execution of all transaction terms, reducing human intervention and potential disputes. Overall, HUMA represents an important breakthrough in the fintech sector. It not only provides individuals with greater financial flexibility but also injects new vitality into the entire financial system. As this model is promoted, we may see more innovative financial products emerge, further driving the development of decentralized finance.

Huma Finance is revolutionizing traditional lending models by converting future income into instantly available credit lines. Unlike Financial Institutions, Huma Finance is no longer limited to assessing existing assets but focuses on the future income potential of individuals or businesses. This innovative PayFi system allows users to quickly obtain up to 70%-90% of funds based on future cash flows such as payroll or expected invoices through smart contracts. This model is not just a simple salary advance, but it fundamentally changes people's perception and usage of future income. The philosophy of Huma Finance is to transform 'passively waiting for income' into 'actively managing future value'. In the PayFi network it has built, the expected working income of ordinary laborers and the business prospects of small enterprises are both given liquidity, becoming a new type of credit certificate. This model breaks the limitations of the traditional lending system, providing individuals and small businesses without substantial existing assets with more flexible and convenient financing channels. It not only increases the availability of funds, but also potentially stimulates more economic vitality, allowing more people to leverage future income to meet current development needs. However, this innovative model may also bring new challenges, such as how to accurately assess future income risks and how to strike a balance between flexibility and financial stability. Nevertheless, Huma Finance's innovations undoubtedly bring new ideas and possibilities to the fintech sector, warranting our continued attention to its development and impact.