Hema Join Global dollar network (GDN) – An alliance of leading companies committed to accelerating the adoption of Stablecoins through alignment incentives, organizational clarity, and global benefit. It was launched by Boxos The network includes global dollar (USDG) Robinhoodand Cornerand Morsiand NuveiAnd WorldPay.
Usdg is the US dollar -backed Stablecooin issued by Paxos Digital Singapore and is compatible with Monetary Authority in Singapore (MAS) The upcoming organizational framework. Available on Solana, Ethereum and other Blockchains approved by MAS, USDG supports fast, low -cost and safe money.
Significantly, Solana’s favorite Blockchain is chosen from Solana-chosen for its unparalleled speed, efficiency, and expansion, which makes it perfectly suitable for operating financial transactions in actual time. Currently, about $ 3.5 to $ 4 billion actually occurs in the already daily Stablecooin size on Solana, highlighting its strong dependence and its ability to support financial operations on a global scale.
Step forward for Payfi
Stablecoins has become a founding layer of Central Future for the future of Payfi and global liquidity-which is the use of uses from actual time settlement to border payments. The Global Dollar Network relies on this momentum through a designed model to enhance and expand the scope of the Payfi ecosystem.
- Alignment incentives: Network revenues are shared with GDN partners who intend to treat and carry USDG.
- Organizational confidence: USDG is designed to comply with the next Stablecooin frame from MAS, providing institutions that require the confidence required by this.
- Low barriers to participation: Institutions can benefit from the advantages of Stablecoin without launching their own assets.
- Cooperative adoption: GDN enhances industry coordination to push stablecoin in the real world through financing and trade.
Erbil KermanHUMA co -founder said, “Stablecoins is ready for global and technical power power, however, Stablecoins failed to create the impact of the network needed to accelerate adoption. For this reason we are very excited to join GDN alongside many of our current partners and bring Payfi to the masses.”
HUMA’s Payfi network has already contributed 4.5 billion dollars In payment -backed transactions, processing a global market exceeding 30 trillion dollars annually. Stablecoins, like USDG, has become a basic financial infrastructure, as it treats more than 35 trillion dollars in transactions in 2024 alone, confirming its decisive role in the advanced financial scene.
Ronak DayaThe head of the Paxos producer said, “Huma joins the global dollar network with a busy record in providing liquidity and credit solutions to global payments. Its infrastructure directly strengthens our network partners” the ability to transfer money efficiently across the border.
Always accelerate the financial infrastructure
With the acceleration of Stablecoin’s dependence with the emerging organizational clarity with GeniusHUMA is placed to capture the infrastructure opportunity in front of this integration with the global dollar network. Learn more about HUMA Payfi here Or exploration of USDG integration here.
About Hema
Homa financing It is the first Payfi network accelerating global payments with immediate liquidity through the infrastructure compatible with organizational. Treatment more 4 billion dollars In transactions, Huma bridges traditional and traditional financing, allowing actual time and sustainable returns supported by payment flows. As the pioneer in the financing of payment, the HUMA network deals with a total market of more than $ 30 trillion, providing an innovative payment infrastructure that turns how money moves worldwide.
This story was published as a journalist issued by Chainwire under the commercial blogging of Hackernoon program.
