USDh Powers Zest Liquidations for Deeper Stablecoin Liquidity on Stacks

Hermetica’s USDh stablecoin has partnered with Zest protocol to provide deeper liquidity on the Stacks blockchain. Zest will utilize USDh’s minting process for liquidations, allowing them to scale sBTC-backed loans and boost the BTCfi flywheel. This partnership brings over $1 million in USDh available for borrowing on Zest, marking a 300% increase in borrow capacity. This is a significant move for the Stacks DeFi ecosystem as USDh plays a vital role in powering it with liquidity.