US EditionTether Discontinues Support for CNH₮ Shifting Strategy
14 Articles
14 Articles
Until now, Tether has proved to be resilient in his short life. Despite restrictive regulatory measures, repeated falls in cryptocurrencies, cyber crime and the collapse of a rival in 2022, the company issuing the world’s largest stable currency has survived and prospered. His USDT token, which has grown to $184 billion, dominates the world market for digital currencies linked to the dollar.
Tether to Discontinue Yuan Stablecoin After China’s Regulatory Warning
Key Insights Tether says it will sunset CNHT, its yuan-pegged stablecoin, amid a strong regulatory notice from China. Tether will stop minting CNHT, and redemptions will end in one year. The firm remains the leading stablecoin issuer with its USDT and XAUT Stablecoin issuer Tether has disclosed plans to end support for its Chinese Yuan stablecoin CNH₮. In a blog post on February 20, the firm said it will start the transition for stablecoin. The…
Tether To Terminate Offshore Yuan (CNH₮) Operations – Here’s Why
Stablecoin operator Tether has announced its decision to discontinue support for its offshore Chinese Yuan token CNH₮. The USDT operator has attributed this development to a lack of market demand, among other points. Related Reading: Stablecoin Yield ‘Effectively Off The Table’: White House Narrows Rewards Debate In Latest Meeting Tether To Terminate CNH₮ Redemption In […]
Tether To Terminate Offshore Yuan (CNH₮) Operations - Here's Why
Stablecoin operator Tether has announced its decision to discontinue support for its offshore Chinese Yuan token CNH₮. The USDT operator has attributed this development to a lack of market demand, among other points. Tether To Terminate CNH₮ Redemption In One Year In a recent blog post, Tether shared a strategic update on its CNH₮, communicating a management decision to withdraw the stablecoin product from its offerings. This decision is based …
Tether Shuts Down Yuan-Pegged Stablecoin After Demand Fades
Key Takeaways Tether has stopped issuing new CNH₮ tokens effective immediately. Holders have until February 2027 to redeem their assets. The decision follows weak demand and a strategic refocus on higher-utility products. The move aligns with the ongoing liquidation of EUR₮. The decision, revealed on February 20, 2026, initiates a formal wind-down process that will unfold over the next year. Minting Halted Immediately Tether has already stopped…
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