Velar and stablecoin developer Hermetica have formed a strategic alliance to launch a USDh stable swap pool on Stacks' Bitcoin Layer 2 expansion. This move aims to improve the DeFi ecosystem around Bitcoin by increasing liquidity and yield for users. Hermetica's USDh stablecoin allows Bitcoin holders to earn up to 25% APR without leaving the Bitcoin environment. Velar's liquidity technology will support the stable swap pool, providing deep liquidity for Bitcoin holders. The partnership is expected to boost DeFi adoption on Stacks and strengthen Bitcoin's position in the decentralized finance ecosystem.



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