HertzFlow USD1 Genesis Vault Full, Mainnet Opens Aug 24

The significance here is less the raise itself than the sequencing: a capped vault filling before the mainnet is even live suggests demand was gated by design rather than discovered through trading. That leaves the August 24 launch as the first real test, since a full vault tells you little about secondary liquidity once positions can move. What matters next is whether the capped structure is a recurring pattern or a one-off opener.