San Francisco, California, June 4th, 2025, Chainwire
Huma has formally joined the Global Dollar Network (GDN) — a coalition of main enterprises dedicated to accelerating the adoption of stablecoins by way of aligned incentives, regulatory readability, and world utility. Launched by Paxos and powered by International Greenback (USDG), the community contains members akin to Robinhood, Kraken, Anchorage, Nuvei, and Worldpay.
USDG is a US dollar-backed stablecoin issued by Paxos Digital Singapore and is compliant with the Monetary Authority of Singapore’s (MAS) upcoming stablecoin regulatory framework. Obtainable on Solana, Ethereum, and different public blockchains authorised by MAS, USDG helps quick, low-cost, and safe world cash motion. Considerably, USDG’s most well-liked blockchain is Solana—chosen for its unparalleled pace, effectivity, and scalability, making it ideally suited to powering real-time monetary transactions. At present, round $3.5 to $4 billion of day by day stablecoin quantity already happens on Solana, highlighting its sturdy adoption and capability for supporting global-scale monetary operations.
A Step Ahead for PayFi
Stablecoins have develop into a foundational layer of programmable finance—central to the way forward for PayFi and world liquidity—powering use instances from real-time settlement to cross-border funds. The International Greenback Community builds on this momentum with a mannequin designed to strengthen and scale the PayFi ecosystem.
- Aligned incentives: Community income is shared with GDN companions who mint, transact, and maintain USDG.
- Regulatory confidence: USDG is designed to adjust to MAS’s forthcoming stablecoin framework, offering the belief establishments require.
- Decrease limitations to participation: Enterprises can faucet into stablecoin advantages with out launching their very own asset.
- Collaborative adoption: GDN fosters business coordination to drive real-world stablecoin use instances throughout finance and commerce.
Erbil Karaman, Co-Founding father of Huma, stated “Stablecoins are able to energy world funds and fintechs, nevertheless single issuer stablecoins fail to create the community impact wanted to speed up adoption. That’s why we’re so excited to be becoming a member of GDN alongside lots of our present companions and produce the PayFi motion to the lots.”
Huma’s PayFi community has already facilitated over $4.5 billion in payment-backed transactions, addressing a worldwide market exceeding $30 trillion yearly. Stablecoins, akin to USDG, have develop into important monetary infrastructure, processing over $35 trillion in transactions in 2024 alone, underscoring their important function within the evolving monetary panorama.
Ronak Daya, Head of Product at Paxos, stated “Huma joins International Greenback Community with a confirmed observe file in delivering liquidity and credit score options for world funds. Their infrastructure straight strengthens our community companions’ capacity to maneuver cash effectively throughout borders. With vital stablecoin quantity already on Solana, USDG is properly positioned for adoption in remittance and cash motion, an space by which Huma addresses important challenges round liquidity and pre-funding.”
Accelerating At all times-On Monetary Infrastructure
As stablecoin adoption accelerates with regulatory readability rising with the GENIUS Act, Huma is positioned to seize the infrastructure alternative forward with this integration with International Greenback Community. Study extra about Huma’s PayFi community here or discover USDG integration here.
About Huma
Huma Finance is the primary PayFi community accelerating world funds with prompt liquidity by way of regulatory-compliant infrastructure. Processing over $4 billion in transactions, Huma bridges conventional and decentralised finance, enabling real-time settlement and sustainable yields backed by fee flows. Because the chief in fee financing, Huma’s community addresses a complete market estimated at over $30 trillion, offering an revolutionary fee infrastructure that transforms how cash strikes globally.
Contact
Account Supervisor
Andrew Wickerson
YAP International
andrew@yapglobal.com
Huma Joins the Global Dollar Network to Advance Stablecoin Adoption on Solana
