Huma Finance (@humafinance): Another huge week for onchain finance. PayFi is everywhere.

Another huge week for onchain finance. PayFi is everywhere. Headlines ↓ 1️⃣ CLARITY Act cleared the Senate Banking Committee and is moving toward a real Senate vote. Major progress for the U.S. digital asset industry. 2️⃣ Japan has officially approved foreign-issued stablecoins such as USDC, USDT, and RLUSD as electronic payment instruments effective June. 3️⃣ Huma surpassed $13B in PayFi transactions. A 3.17x YoY growth from $4.1B to $13B. 4️⃣ KRWQ, a Korean won-denominated stablecoin announced its expansion to Solana, positioning itself as a core settlement asset for Korean won liquidity on the network. 5️⃣ Jupiter Lend and Bitwise launched an institutional-grade Ethena lending market on Solana, offering scalable yield designed for billions in institutional capital. 6️⃣ Stripe-backed Tempo taps $7.5 billion DeFi lender Morpho to scale their PayFi offerings. 7️⃣ Fireblocks joined x402 Foundation and launched Agentic Payments Suite. 8️⃣ Tether's USDT supply on Solana reached a new ATH of $3.75B. 9️⃣ Grove launches Basin with up to $1 billion in daily liquidity, enabling instant onchain stablecoin liquidity for tokenized RWAs. 🔟 Checker raised $8M from Galaxy, AlMadaVC, and Framework Ventures to unify fragmented digital asset markets for institutions.