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3232Hermetica Raises $1.7M in Seed Round to Fuel Stablecoin Expansion
https://www.digit.info/hermetica-raises-1-7m-in-seed-round-to-fuel-stablecoin-expansion/
Thu, 17 Oct 2024 05:46:18 +0000https://www.digit.info/hermetica-raises-1-7m-in-seed-round-to-fuel-stablecoin-expansion/Read more]]>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 Gains Momentum as Hermetica Raises $1.7 Million in Seed Funding According […]
]]>Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1
https://www.digit.info/hermetica-introduces-bitcoin-backed-synthetic-dollar-on-bitcoin-l1/
Tue, 16 Jul 2024 19:10:32 +0000https://www.digit.info/hermetica-introduces-bitcoin-backed-synthetic-dollar-on-bitcoin-l1/Read more]]>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. Hermetica Launches BTC-Backed Stablecoin USDH Hermetica‘s USDH offers Bitcoin holders a new way to maintain […]
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 Gains Momentum as Hermetica Raises $1.7 Million in Seed Funding According […]
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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. Hermetica Launches BTC-Backed Stablecoin USDH Hermetica‘s USDH offers Bitcoin holders a new way to maintain […]
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