On-chain credit platform Huma has been deployed to Celo
On-chain credit platform Huma has announced its deployment to Celo. The team stated that with the deployment, Huma will introduce Jia, a cross-border payment liquidity platform, to Celo, providing on-chain loans for small businesses in emerging markets such as Kenya and the Philippines. It is reported that the platform provides over $10 million in on-chain loans every month. Prior to this, the real-world asset (RWA) market Untangled Finance deployed on Celo on October 10th after raising $13.5 million.
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