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crypto.news
2024-10-16 15:20:43

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

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…

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