Hermetica integrates USDh with Zest Protocol to boost stablecoin liquidity
5 Articles
5 Articles
Stablecoins Are the Missing Link in Retail Innovation
April 17, 2025 | Seattle, WABy now, most brands have dipped a toe into the Web3 conversation. You’ve heard the buzzwords—blockchain, digital assets, tokenization. But one piece of the ecosystem is quietly becoming the real game-changer for global commerce: stablecoins.These aren’t speculative crypto tokens. Stablecoins are digital currencies designed to stay steady, usually pegged to fiat currencies like the US dollar. While they’ve found early …
USDh Powers Zest Liquidations to Deliver Deeper Stablecoin Liquidity on Stacks
Panama City, Panama, April 17th, 2025, Chainwire Hermetica, the Bitcoin-backed stablecoin issuer, has announced that it now powers liquidations of the Stacks lending protocol Zest. Zest will use the USDh mint process for liquidations, allowing them to scale sBTC-backed loans and jumpstart the BTCfi flywheel. Hermetica’s smart contract infrastructure acts as a bridge for centralized exchange liquidity to flow into DeFi. Zest will use the USDh mi…
USDh Powers Zest Liquidations To Deliver Deeper Stablecoin Liquidity On Stacks
Panama City, Panama, April 17th, 2025, Chainwire Hermetica, the Bitcoin-backed stablecoin issuer, has announced that it now powers liquidations of the Stacks lending protocol Zest. Zest will use the USDh mint process for liquidations, allowing them to scale sBTC-backed loans and jumpstart the BTCfi flywheel. Hermetica’s smart contract infrastructure acts as a bridge for centralized exchange liquidity to flow into DeFi. Zest will use the USDh mi…
Hermetica Joins Zest To Boost SBTC Lending And Stablecoin Liquidity On Stacks
Hermetica (USDh) is excited to announce its partnership with Zest Protocol to fuel loan liquidations on the Stacks network. This advancement is a remarkable step forward to power Bitcoin-native decentralized finance (DeFi), leveraging the minting process of USDh. This groundbreaking step is a major leap to make loans scalable and sBTC-backed, enhancing the ecosystem’s capital efficiency. Hermetica is the issuer of Bitcon-backed stablecoin USDh, …
Hermetica integrates USDh with Zest Protocol to boost stablecoin liquidity
Hermetica, a leading Bitcoin (BTC) stablecoin issuer, has expanded its partnership with Bitcoin Layer 2 (L2) network Stacks (STX), according to information shared with Finbold on Thursday, April 17. The partnership dates back to September of 2024, when the issuer first brought its synthetic dollar, USDh, onto the network. Hermetica then went on to raise $1.7 million in a seed funding round. USDh is entirely Bitcoin-backed and pegged to the dolla…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage