Huma, a blockchain-based lending platform, announced the deployment of Celo. Huma will introduce Jia, a cross-border payment liquidity platform, to Celo and provide on-chain loans for small businesses in emerging markets such as Kenya and the Philippines.

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.