đ **Bitcoin-backed Stablecoin USDh Launches on Stacks L2!** đ
- Hermetica has expanded its Bitcoin-backed stablecoin, USDh, to the Stacks (STX) Layer 2 network.
- USDh is pegged to the US dollar and fully backed by Bitcoin, offering yields up to 25%! đ°
- Unlike fiat-backed stablecoins, USDh keeps you within the Bitcoin ecosystem.
- Initially launched on Bitcoinâs Layer 1, USDh quickly attracted $2M in Total Value Locked.
- Major DEXs like Bitflow Finance, Velar, and Zest Protocol are integrating USDh.
- With only 1% of Bitcoinâs $1.3T market cap in DeFi, USDh aims to bridge the gap.
What do you think about this new DeFi option? Comment below! đ
