Transaction Volume

Huma Finance co-founder Richard Liu: Huma's payment financing transaction volume has exceeded 2 billion dollars

ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, Huma Finance co-founder Richard Liu delivered a speech titled "The Future of Financing - Building the World's First PayFi Network."Richard pointed out that traditional payment tools like Swift play an important role in cross-border transactions, while crypto payments provide new business opportunities for small enterprises. An increasing number of consumers are gaining trust in emerging financial tools (such as RWA), and establishing a platform that supports multiple use cases will be key to attracting users and achieving network effects. Huma has merged with Arf to become the first PayFi network focused on the financing layer, bringing new growth potential to payment financing. Currently, Huma's payment financing transaction volume has exceeded $2 billion, with a monthly growth rate of 10%, and it has achieved zero credit defaults, with $500 million in new demand waiting to be met each month. Through blockchain and stablecoin technology, PayFi not only revolutionizes the payment financing market but also provides sustainable support for improving cross-border payment efficiency and real-world asset (RWA) yields, further promoting the development of DeFi.Remote participation 👉Live video link: https://www.youtube.com/live/tTVcUPumPysLive image link: https://www.pailixiang.com/album_ia7637038926.html

Merlin Chain releases 2024 first half review: $1.2 billion TVL, $16 billion bridge inflow, $3 billion on-chain transaction volume

ChainCatcher news, Bitcoin Layer 2 network Merlin Chain releases its semi-annual report, reviewing its growth trajectory in the first half of 2024, as well as milestones in various aspects such as public chain, growth, ecology, and technology------breaking records for mainnet TVL, the most prosperous application ecosystem, and the most solid user community, setting an industry benchmark for Bitcoin Layer 2. This includes:$200 million TVL, $16 billion in bridging volume, 1.9 million on-chain addresses, 12.7 million transactions;TVL on the mainnet exceeded $3.9 billion in 50 days (88% from native assets like BTC, Ordinals), with M-BTC's market cap reaching $1.2 billion in the first half of the year;Bridged $16 billion in Bitcoin, $1.6 billion in spot trading, $1.4 billion in perpetual contract trading, and over $1 billion in cross-chain assets, becoming a mainstream Bitcoin hub;Asset trading volume exceeded $3 billion, with DEX liquidity surpassing $78 million;Incubated No. 1 industry-leading applications in DEX, cross-chain bridges, lending, infrastructure, entertainment, etc. (UniCross, Solv Protocol, Surf Protocol, Avalon Labs, MerlinSwap, MerlinStarter, etc.);Launched a comprehensive security framework and on-chain architecture, collaborating with industry leaders Celestia, Cobo, Slowmist, etc., to create a secure and transparent on-chain environment;The release rate of MERL will significantly slow down in the second half of the year, with only 0.4% released over the next 12 months.It is reported that Merlin Chain plans to continue its efforts in technology, ecology, and community in the second half of the year, further leading industry standards and promoting the sustainable development of the Bitcoin ecosystem.
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