The global cross-border payment market is undergoing significant changes, with Huma Finance showing tremendous potential. Traditional bank cross-border settlements typically take 3 to 5 days, with transaction costs reaching up to 40 dollars. In contrast, Huma Finance's solution based on Solana Blockchain technology achieves settlement in seconds while dropping costs by 90%.

This emerging company has established several key advantages. First, Huma Finance collaborates with the United Nations Development Programme (UNDP) to participate in the distribution of refugee aid funds. Second, by integrating Circle's USDC and Fireblocks' custody services, Huma Finance ensures the compliance of its operations. Notably, the company has also received direct investments from traditional banks, including Turkey's İşbank, indicating that traditional financial institutions are beginning to recognize the potential of Blockchain payment technology.

From the perspective of market size, the global cross-border payment market has an annual transaction volume of up to 4 trillion USD. Even if Huma Finance can only capture 1% of the market share, it will bring in an annual turnover of 4 billion USD, which is undoubtedly a huge opportunity. It is particularly noteworthy that due to the low interest rate environment in Japan, Japanese users have shown great interest in such emerging financial services.

However, whether this emerging on-chain payment method can truly shake the dominance of the SWIFT system remains to be seen. Different regions have varying levels of acceptance for new technologies, and there are differences in the regulatory environment. In the future, on-chain payments may first explode in areas with more relaxed regulations and an open attitude towards financial innovation.

As technology continues to advance, the competitive landscape of cross-border payments is changing. The emergence of new companies like Huma Finance may signal the challenges and transformations faced by the traditional financial system. However, to truly change the global payment landscape, many obstacles still need to be overcome, including regulatory compliance, user education, and integration with existing financial infrastructure.