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. 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 […]
Original
Related posts
-
Bitcoin mining stock analyst discusses ‘Trump Bump’
Analysts from H.C. Wainwright believe the market’s positive reaction to crypto suggests increased confidence in Republican... -
Bitcoin Miner Northern Data Moves to Dismiss Ex-Employees’ Whistleblower Suit
Kama and Porter’s first amended complaint against their former employer contained explosive allegations that Northern Data... -
$301M Flows Into Bitcoin ETFs, Led by Blackrock and Ark Invest
U.S. spot bitcoin exchange-traded funds (ETFs) saw their seventh consecutive day of inflows on Monday, attracting...