I used to think that 'trade financing' was far away from us, until I discovered that almost a quarter of global trade is commodities, with a scale of $4.5 trillion per year. Despite such a large plate, financing is still using old methods, with slow processes, high capital occupation, and absurdly low efficiency. This collaboration between @ humafinance, Obligate, and TradeFlow aims to pave the way for PayFi: enabling compliant USDC funds to enter trade financing more smoothly. TradeFlow operates in 25+markets for trade circulation, and over the course of 8 years, it has produced more stable returns that are not strongly tied to currency prices; Obligate is responsible for compliant issuance and has also launched eTraders, which will accumulate revenue; Huma is responsible for scaling up the supply of USDC liquidity into this system. It seems to be a cooperation announcement, but in essence, the cash flow from real business on the chain has finally begun to be received.