Hermetica Raises $1.7M in Seed Round to Fuel Stablecoin Expansion
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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…
Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1
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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….