<ul><li>Hermetica, the company behind USDh, has successfully closed its $1.7 million seed funding round.</li><li>Key backers of the funding round include strategic angels and notable investors such as UTXO Management, CMS Holdings, Ethos Fund, and Trust Machines SPV.</li><li>The funding will support the expansion of USDh's integrations across the Bitcoin ecosystem, including off-exchange settlement solutions and institutional-grade custodian collaborations.</li><li>Hermetica aims to provide a safe and decentralized substitute for traditional fiat-backed stablecoins, with USDh offering a yield-bearing synthetic dollar backed by Bitcoin.</li></ul>

Hermetica Completes $1.7M Seed Round to Boost Bitcoin DeFi with USDh

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