Financial technology firm, Tala plans to issue Ksh 6.5 billion ($50m) worth of credit through USDC, the dollar backed stablecoin.
The firm says facility will power blockchain-enabled, permissionless lending for millions of global customers.
According to Tala Chief Executive Officer Shivani Siroya, the tokenized lending platform which target the global underbanked is powered by Solana and supported with USDC liquidity facilitated by the Huma Protocol through a partnership between Huma Finance.
She said the new platform is the first to bring trustless, AI-underwritten consumer lending to underserved borrowers at global scale.
“After a decade operating across multiple emerging markets, we know how to translate frontier technologies into real-world financial power,” said Shivani Siroya, founder and CEO, Tala.
Tala is now riding on it’s 13 million customer base including Kenya where blockchain to scale the lending platform going into 2026.
“By pairing Tala’s trusted platform with the power of blockchain technology, together with Huma and Solana, we can expand financial access, eliminate systemic inefficiencies, and help millions become active participants in the global digital economy,” she added.
The solution is powered by Tala’s proprietary credit engine, which has been trained on $7 billion in lending performance data across multiple continents.
The tokenized loans are further backed to help Tala to unlock a new funding mechanism for emerging market credit, bringing global capital directly to high-demand markets.
“Unlike past attempts in the industry, this partnership sets a new standard for overcollateralized, data-driven, fully-digital, tokenized lending that is liquid from day one. Together we are delivering on the promise of crypto – an open and efficient global financial system for all,” said Erbil Karaman, Co-Founder of Huma Finance.
Huma Finance specializes in compliant, transparent, onchain payments finance infrastructure, connecting high performance digital assets to more than 100,000 liquidity providers globally.
Huma Finance’s stablecoin-based payments finance protocol offers programmable lending and repayment rails, risk controls, and real-time portfolio visibility.
The collaboration with Tala will tokenize loan assets and move key processes such as disbursement and repayment onchain for transparency, lower costs, and global liquidity access.
“Solana’s vision for internet capital markets is to make finance accessible globally and at scale. Tala’s decision to bring its credit and payments products to Solana shows how onchain markets can expand access to financial services in emerging markets,” added Maya Caddle, Payments Lead at Solana Foundation.
For liquidity providers, tokenized lending introduces a new class of real-world assets backed by real repayment behavior, verified onchain.
Tokenization also allows lenders to sell tokens that represent future cash flows, fractionalize risk to reach more investors, and automate key processes through smart contracts, improving transparency, efficiency, and balance sheet management.
