Hermetica has introduced the world's initial Bitcoin-backed synthetic US dollar, USDh, with yield-generating capabilities, marking a significant advancement in Bitcoin-focused DeFi.

The synthetic dollar, set to debut in June, presents users with the potential to earn yields of up to 25%.

#hermetica #USDH #BTC #bitcoinhalving #CryptoWatchMay2024

Hermetica has partnered with Liquidium to launch $USDh on the Liquidium platform.

This means that users can now borrow BTC against USDh collateral and earn Hermetica and Liquidium points.

#hermetica #liquidium #USDH $BTC #ETH_ETF_Approval_23July #Megadrop