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

By Bitcoin News | Created at 2024-10-17 05:32:46 | Updated at 2024-10-17 08:25:42 2 hours ago
Truth
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 […]
Read Entire Article