Huma and Arf To Provide On-Demand Credit Access for Circle Payments Network

Huma Finance and Arf announced at Circle Forum Singapore that they will integrate with the Circle Payments Network (CPN) to provide credit services to eligible participants. Arf, a Swiss-regulated provider of same-day $USDC settlement liquidity powered by Huma's Payment Finance (PayFi) network, will join CPN as a service provider. The collaboration aims to deliver embedded credit solutions to financial institutions and enterprises that rely on the network.

CPN connects institutions to enable real-time settlement of payments using stablecoins such as $USDC and $EURC. A longstanding challenge in cross-border payments has been the requirement for financial institutions to prefund accounts, which ties up significant amounts of capital. By integrating Arf and Huma into CPN, eligible participants can gain access to on-demand $USDC credit, removing the need for prefunding in certain regions.

Building on PayFi Infrastructure

“We’re thrilled to bring our liquidity infrastructure to CPN. Building on Huma’s PayFi Network, we enabled many financial institutions to reduce their reliance on prefunding. With this integration, eligible CPN participants will have seamless access to our services.” - Ali Erhat Nalbant, Co-Founder and CEO of Arf.

Irfan Ganchi, Senior Vice President of Product Management at Circle, highlighted the structure of CPN, saying, “One of the design principles of CPN is to have an open network that is constantly upgradable. With the addition of Arf and Huma as service providers, eligible CPN participants may have an even smoother experience sending funds near-instantly.”

Enhancing the Circle Payments Network

The integration marks the beginning of a broader effort to bring additional service providers into CPN. Beyond credit, Circle has outlined plans to expand network offerings with tools for liquidity, custody, fraud management, reconciliation, and other services. These developments aim to simplify cross-border payments, reduce costs, and create a seamless experience for participants.

This expansion comes at a pivotal time for Circle. In June 2025, the company went public on the New York Stock Exchange under the ticker CRCL. Circle, the issuer of $USDC and the largest stablecoin provider on Solana, minted $4.75 billion in $USDC on Solana in August alone, with its cumulative issuance on the network for 2025 surpassing $32 billion.

Huma and Arf’s Broader Role in Payments Innovation

The integration with CPN reflects ongoing momentum for both Huma and Arf in advancing global settlement solutions. In early August 2025, Huma, Arf, Geoswift, and PolyFlow introduced a same-day settlement solution for marketplace sellers. That initiative targeted merchants in Asia, addressing delays caused by time zone differences and banking hours, and aims to allow funds to arrive within hours instead of days.

Huma has also pursued other industry collaborations. At Solana Crossroads 2025, Co-Founder Erbil Karaman announced a pilot program with Visa designed to enable real-time merchant settlements.

In June 2025, Huma joined the Global Dollar Network (GDN), a Paxos-led initiative promoting the adoption of the $USDG stablecoin. This move positioned Huma alongside industry players such as Robinhood, Kraken, and Worldpay.

Implications for Financial Institutions

For financial institutions and enterprises participating in CPN, the addition of credit services from Huma and Arf could significantly reduce the capital constraints associated with prefunding. By enabling on-demand access to $USDC credit, participants can manage liquidity more efficiently, allocate resources with greater flexibility, and conduct cross-border transactions at lower cost.

The collaboration underscores a broader trend of integrating programmable liquidity and blockchain-based infrastructure into traditional financial networks. If widely adopted, this model could reshape how institutions handle settlement, credit, and liquidity in a rapidly digitizing global payments landscape.

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