Fiat currencies
Crypto Currencies
Hermetica Launches 2.0 Update, Boosting Bitcoin-Backed Stablecoin Transparency and Usability
Key takeaways:
- Hermetica 2.0 introduces an institution-grade interface with improved access to USDh and real-time reserve transparency.
- The upgrade allows direct in-app swaps for USDh via Bitflow, connecting Bitcoin-native assets to DeFi tools.
- New dashboards show real-time reserve backing, yield, and trading venues, supporting full auditability of USDh.
A user-first update for Bitcoin-backed finance
Hermetica, a stablecoin platform built on Bitcoin, has launched Version 2.0 of its application, rolling out key features that aim to modernize the user experience and offer unmatched clarity into the workings of its USDh stablecoin. The update went live on April 23 and includes a redesigned interface built with institutional users in mind, emphasizing usability and transparency while maintaining the core security ethos of Bitcoin.
The update is notable for its new transparency tools: real-time dashboards now track USDh's backing, supply, trading locations, and yield. These features are designed to give users a complete and continuously updated view of how the synthetic dollar operates.
In a bid to streamline interaction with the broader DeFi landscape, Hermetica 2.0 has integrated with Bitflow, allowing users to convert synthetic Bitcoin (sBTC) and Stacks-based assets into USDh directly within the application. This in-app swap capability makes it easier for users to access stable, yield-generating assets without leaving the Bitcoin-native ecosystem.
"With Hermetica 2.0, we’ve completely reimagined the stablecoin experience—bringing the usability of modern finance to Bitcoin, without compromising on its core principles. This release delivers institutional-grade performance with full visibility into what backs your USDh, where it’s traded, and what it’s earning, all from a clean, intuitive interface."
—Jakob Schillinger, CEO of Hermetica
Positioning for Bitcoin DeFi’s next phase
The update arrives as apps built on Stacks—an ecosystem for smart contracts on Bitcoin—move beyond technical groundwork and into a new stage of user-focused development.
"Building upon key technical innovations, apps on Stacks are now entering a growth phase where user experience and trust are key," he commented. "Hermetica is demonstrating this evolution, positioning USDh to become a major player in the future of Bitcoin DeFi."
—Mitchell Cuevas from the Stacks Foundation
Hermetica’s USDh is one of the first Bitcoin-native stablecoins that aims to deliver yield while being fully auditable. By combining performance and clarity, Hermetica 2.0 sets a new benchmark for Bitcoin-backed finance.
The bottom line
Hermetica 2.0 marks a significant milestone in the development of Bitcoin-based stablecoins. With its revamped interface, direct asset swaps, and live transparency features, the platform is aligning itself with the growing expectations of both institutional and retail users seeking reliable and visible digital dollar solutions in the Bitcoin ecosystem.
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