Plume, a Layer 1 network built for real-world asset finance (RWAFi), announced that it will launch the latest PayFi vault on its flagship yield stream product Nest, powered by PYUSD. This move will enable payment financing on-chain using stablecoins backed by institutional-grade assets.
The PayFi vault will initially be secured by PYUSD, a fully-reserve stablecoin designed to maintain a stable value of $1, and further backed by USD deposits, US Treasuries, and cash equivalents. This foundation builds a secure bridge for traditional payment channels to connect with on-chain finance, and plans to include more high-quality assets in the future to create diversified institutional-level financing opportunities for global users.
Stablecoins and Payment Financing: The Next Evolution of RWA
PayFi will fully cover the payment ecosystem. The PayFi Vault will promote global trade, commerce, and inventory management by providing last mile liquidity for the supply chain. This mechanism meets the huge demand of enterprises to release capital and optimize operations.
Currently, PayFi is a relatively underutilized asset class on-chain, and the tokenization of PayFi solutions such as invoices, accounts receivable, and payment obligations will create unprecedented sustainable returns for users around the world.
Stablecoins such as PYUSD lay a solid foundation for on-chain PayFi innovation, as they are gradually recognized as standardized digital dollars, providing a reliable and efficient way to transfer value. With security, full reserve backing and a seamless blockchain settlement experience, stablecoins will provide key infrastructure support for faster, more accessible and more cost-effective financing mechanisms.
nPAYFI Vault on Nest: Value Beyond Payments
By leveraging PYUSD as a liquidity layer, the nPAYFI vault on Nest extends the utility of RWA assets beyond payments, developing new and unique use cases from traditional stablecoins that do not directly generate yields, and providing short-term yield and payment financing. Vault participants will be able to earn yields derived from real-world payment flows, and the yield generated from PYUSD will flow back to depositors, while maintaining exposure to fully collateralized, regulated stablecoins.
The launch of PayFi Vault strengthens the role of the currency layer and the financing layer in the blockchain financial system:
Borderless financing: enabling global capital access without the constraints of traditional banks;
T+0 settlement: instant transaction finality, eliminating delays in traditional financing;
Stablecoin-denominated loans: Financing is issued and settled in PYUSD and other stablecoins to reduce currency fluctuation risks.
Bringing PayFi to the RWA ecosystem
The launch of the nPAYFI vault on Nest is highly consistent with Plumes mission to bring valuable RWA assets on-chain. The PayFi use case represents another category of RWA, and the addition of PYUSD and PayFi solutions naturally belongs to RWAFi - as part of the Plume ecosystem, this move will further enhance the liquidity and circulation efficiency of this type of asset in the global market. By introducing structured payment financing solutions using stablecoins, Plume is laying the foundation for a more inclusive and scalable financial ecosystem.
“RWA-backed stablecoins have moved beyond a mere medium of exchange, they are becoming the backbone of short-term funding solutions,” said Teddy Pornprinya, co-founder of Plume. “The new PayFi Vault on Nest is an important step toward realizing the full potential of on-chain payment financing, providing users with faster settlement, lower costs, and broader financial inclusion.”
nPAYFI will also provide a variety of financing income opportunities through strategic partners to be announced later - these collaborations are just the beginning of the expansion of the Plume PayFi ecosystem. As Plume accelerates the process of building infrastructure for RWAs, the PayFi Vault will become an important milestone in bringing payment financing to DeFi and leveraging stablecoins as a trusted and efficient asset class for real-world financial applications.
About Plume
Plume is a full-stack L1 blockchain built specifically for real-world asset finance (RWAFi) and dedicated to promoting the integration and adoption of real-world assets through the ecosystem. There are currently more than 180 protocols in the ecosystem, and a $25 million RWAFi ecosystem fund has been established to support early projects. Plume provides a composable, EVM-compatible environment for the on-chain and diversified management of real-world assets. Combined with an end-to-end tokenization engine and a network of financial infrastructure partners, Plume achieves seamless integration of DeFi and RWA, allowing everyone to tokenize real-world assets, distribute them globally, and empower crypto-native users.
Learn more: Plume official website | Plume Twitter
