This story was originally published on HackerNoon at:
https://hackernoon.com/hermeticas-synthetic-dollar-sparks-defi-revolution.
Hermetica, a DeFi platform, has unveiled USDh - a synthetic dollar backed by Bitcoin.
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Hermetica, a DeFi platform, has unveiled USDh - a synthetic dollar backed by Bitcoin. USDh could be the start of a Bitcoin renaissance. But let's be real - this is still the Wild West of finance. Today's golden goose could be tomorrow's cautionary tale.