Bitcoin-backed Hermetica secures $1.7m to expand stablecoin USDh

Hermetica, the company behind the Bitcoin-backed stablecoin USDh, has raised $1.7 million in seed funding. The funding will support the growth of USDh, a stablecoin designed to be backed by Bitcoin (BTC). A stablecoin is a type of cryptocurrency that…

Source: crypto.news