Hermetica brings its synthetic dollar USDh to Stacks
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Hermetica expands Bitcoin-backed stablecoin USDh to Stacks L2
Bitcoin-backed stablecoin USDh launches on Stacks L2, offering new DeFi options. Hermetica has expanded its Bitcoin-backed stablecoin, USDh, to the Stacks (STX) Layer 2 network, marking a significant step for Bitcoin-based decentralized finance. This move allows users to hold USDh,…
Hermetica Expands Bitcoin-Backed Stablecoin USDh to Stacks Layer 2
Key highlights: Hermetica’s USDh stablecoin, fully backed by Bitcoin, is now available on the Stacks Layer 2 network. USDh offers up to 25% yield, providing Bitcoiners with a secure and decentralized dollar-pegged asset. The launch integrates USDh into Stacks' DeFi ecosystem, enhancing liquidity and user accessibility. Bitcoin-backed USDh joins the Stacks DeFi ecosystem Hermetica has announced the expansion of its synthetic dollar asset to t…
Finbold
Bitcoin Ethereum NewsHermetica brings its synthetic dollar USDh to Stacks
Hermetica, a Bitcoin-backed stablecoin platform, is bringing its synthetic dollar, USDh, onto the Stacks (STX) Bitcoin Layer 2 (L2) network, as disclosed to Finbold on Wednesday, September 25. With the expansion, USDh becomes the first Bitcoin-backed stablecoin to integrate into the rapidly growing Stacks ecosystem. Dylan Floyd, CEO of Bitflow, shared his excitement about the launch: “USDh has all the attributes we’re looking for in a stableco…
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