San Francisco, California, June 4, 2025, ChainWire
Huma has officially joined Global Dollar Network (GDN), a coalition of leading companies committed to accelerating the adoption of steady fraud through aligned incentives, regulatory clarity and global utilities. The network, launched by Paxos and powered by Global Dollar (USDG), includes members such as Robinhood, Kraken, Anchorage, Nuvei and WorldPay.
The USDG is a US dollar-backed Stablecoin issued by Paxos Digital Singapore, which complies with financial authorities in the framework of future Stablecoin regulations by Singapore (MAS). Available on Solana, Ethereum and other public blockchains approved by MAS, USDG supports a fast, low-cost, secure global money movement. Importantly, USDG’s preferred blockchain is Solana, chosen for its unparalleled speed, efficiency and scalability, making it ideal for powering real-time financial transactions. Currently, Solana has already generated Stablecoin volumes of around $3.5 to $4 billion to $4 billion, highlighting its strong recruitment and capabilities to support global financial operations.
A step forward for Payfi
Stablecoins have become the foundational layer of programmable finances at the heart of Payfi’s future and at the heart of global liquidity. The Global Dollar Network is built on this momentum using a model designed to enhance and expand the PayFi ecosystem.
Adjusted Incentives: Network revenue is shared with GDN partners who create, trade and hold USDGs. Regulatory Trust: USDG is designed to comply with MAS’s upcoming Stablecoin framework and provides what trust institutions need. Lower barriers to participation: Companies can leverage Stablecoin’s profits without launching their own assets. Co-recruitment: GDN promotes industry coordination and real-world stylized use cases across finance and commerce.
Huma co-founder Erbil Karaman said, “Stablecoins are ready to power global payments and fintech, but single issuer Stablecoins cannot create the network effects they need to accelerate adoption. So we are excited to join GDN along with many of our existing partners and bring about the Payfi movement.”
Huma’s PAYFI network has already driven over $4.5 billion in payment collateral transactions, addressing global markets that exceed $30 trillion per year. Stablecoins such as the USDG have processed more than $35 trillion in 2024 alone, becoming a critical financial infrastructure that highlights its important role in the evolving financial landscape.
“Huma is part of the Global Dollar Network with a proven track record of providing liquidity and credit solutions for global payments. Their infrastructure directly strengthens the ability to efficiently travel across network partners’ boundaries, prior funding,” said Ronak Daya, head of product at Paxos.
Accelerate your financial infrastructure that is always on
As Stablecoin adoption accelerates with the clarity of regulations associated with the Genius Act, this integration with this global dollar network is gaining infrastructure opportunities. For more information about Huma’s PAYFI network, click here. Or, see USDG integration here.
About Fuma
HUMA Finance is the first PAYFI network to accelerate global payments with immediate liquidity through regulatory compliant infrastructure. Handling more than $4 billion in transactions, Huma bridges traditional decentralized finance, enabling real-time settlements and sustainable yields backed by payment flows. As a payment financing leader, HUMA’s network handles a total market estimated at over $30 trillion, providing innovative payment infrastructure that will change the way money moves globally.
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YAP Global
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