{"id":"tp-11729","type":"article-newspaper","title":"USDh Launches as First Bitcoin-Backed Dollar Offering 25% Yield","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/11729","datePublished":"2024-05-08T04:18:31.000Z","dateModified":"2024-05-08T04:18:31.000Z","language":"en","abstract":"In a groundbreaking development in Bitcoin-native decentralized finance (DeFi), Hermetica has announced the launch of USDh, the first synthetic dollar backed by Bitcoin with a promising yield of up to 25%. Set to debu…","section":"Business","references":[{"title":"Cointelegraph","url":"https://cointelegraph.com/news/hermetica-usdh-bitcoin-backed-synthetic-dollar?fbclid=IwZXh0bgNhZW0CMTAAAR16XmLgsNxbg8QvBRT5Xqy64OkM-T6iIeY5f6SdFIvPw9mjUySDu4G91Rs_aem_AWHHrZaWIx440FwV4jNtbehQdXsmEOc54fVZ9KIkmjhaXWA3V9qDvEj8As7g--YWQCEfd5L24Po-DyT74uZl014Q"},{"title":"debuted","url":"https://cointelegraph.com/news/ethena-usde-27-yield-concerns"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}