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Nalezeno "Hermetica": 3
Hermetica Raises $1.7M in Seed Round to Fuel Stablecoin Expansion
17.10.2024
Hermetica, the creator of USDH, a Bitcoin-backed, yield-bearing synthetic dollar, has secured $1.7 million in seed funding. The round, led by UTXO Management, will accelerate the development of USDH, a stablecoin that operates on Bitcoin’s layer one (L1) and layer two (L2) networks. USDH...
Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1
16.7.2024
Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) through the Runes protocol. The company also announced plans to scale its Bitcoin-native defi operations using layer two (L2) solutions like Stacks....
First Bitcoin-backed synthetic dollar to launch with 25% yield
6.5.2024
USDh is the first Bitcoin-native synthetic dollar with yield-generating capabilities. Is the 25% yield sustainable?