Tether Discontinues Support for CNH₮ Shifting Strategy

Tether announced it will discontinue support for its offshore yuan stablecoin CNH₮ after reviewing market demand and product sustainability. The company said the decision follows weak adoption and changing market conditions. Effective immediately, Tether has stopped all new CNH₮ issuance and no additional tokens will be minted going forward. The company will continue redemption services […] Read The Full Article Tether Discontinues Support for CNH₮ Shifting Strategy On Coin Edition.