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Shadowy marketplace Huione launches USDH stablecoin to evade scrutiny
Blockchain security firm Elliptic reported that Huione—an online marketplace platform used for illicit activities—has launched USDH, a dollar-pegge...
Jan, 14, 2025
2 min read
by CryptoSlate
Hermetica Raises $1.7M in Seed Round to Fuel Stablecoin Expansion
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 ...
Oct, 17, 2024
by Bitcoin News
Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1
Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) throu...
Jul, 16, 2024
by Bitcoin News