Tether Ends CNHT Stablecoin Support As Regulatory Pressure And Market Demand Shift
Tether has announced the termination of support for its Chinese yuan–pegged stablecoin CNH₮ (CNHT), marking the end of one of its major non-dollar stablecoin experiments. The company confirmed that new issuance of CNHT tokens has stopped effective immediately, while existing holders will be able to redeem their tokens for a limited period. The announcement, highlighted … Read more