Babe, good afternoon! Recently, everyone thinks I haven't been diligent, but I've actually been out training all week and I've been really busy!

This morning I had breakfast at the hotel and enjoyed a glass of apple juice. I thought about getting a refill, but then I saw someone taking a bottle of mineral water and just filling it all up... I was completely dumbfounded. Can you really do that?

But let's get back to the point! Today I found out that my weekly ranking for @humafinance has dropped, so I quickly came to catch up!

Today, let's talk about Huma and Arf joining CPN together. They are going to provide credit services to eligible network users, which I think is quite practical.

This was officially announced at the Circle Forum in Singapore at the end of September. Arf is regulated by Switzerland and specializes in providing liquidity services for USDC same-day settlement.

After joining CPN this time, it has become a service provider for CPN, mainly adding a loan function to CPN. In the future, if anyone wants to take out a loan, they can do so directly on the CPN platform.

CPN is originally meant to connect financial institutions and enterprises, allowing real-time settlements with stablecoins like USDC and EURC, which is quite convenient. However, cross-border payments used to be quite troublesome, as financial institutions had to deposit a large sum of money in advance as reserves, locking up all the funds, making it very inflexible.

Now it's good, eligible CPN users can directly obtain USDC credit through the services of Huma and Arf, and in some regions, there's no need to advance money anymore, making it more flexible.

Here I must mention the Huma behind it!
It is the world's first PayFi network, which relies on the instant liquidity of stablecoins to speed up global payments.

It has now processed nearly 6 billion dollars in transactions and has unknowingly optimized the way global funds flow. In the past, cross-border payments were slow and restricted by funding limitations, and it has just filled this gap.

Moreover, previously Arf wanted to join CPN to provide credit services, and it was backed by Huma's PayFi network, which shows that its infrastructure is indeed reliable.

So this cooperation is really practical, directly solving the problem of funds being locked in cross-border payments. In the future, the functions of CPN will become more comprehensive, and the number of users is expected to increase.
$HUMA #HumaFinance