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Hermetica Raises $1.7M in Seed Round to Fuel Stablecoin Expansion

Hermetica Raises .7M in Seed Round to Fuel Stablecoin ExpansionHermetica, 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 […]

Prominent US Prosecutor’s Office To Reduce Focus on Crypto Cases, Says Top Official: Report

Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1

Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1Bitcoin-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 […]

Prominent US Prosecutor’s Office To Reduce Focus on Crypto Cases, Says Top Official: Report