cnht

🙅‍♂️ #Tether has revealed that it will discontinue support for the yuan stablecoin #CNHT .

$USDT

🚨 BREAKING: Tether Discontinues Support for Chinese Yuan Stablecoin (CNH₮)

Tether, the issuer of the world’s largest stablecoin ecosystem, has announced it will immediately halt all new issuance of its offshore Chinese yuan-pegged stablecoin, CNH₮. At the same time, redemption support for the token will continue for one year before being fully terminated.

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📉 What’s Happening

• Issuance stopped immediately
Tether will no longer mint or issue any new CNH₮ tokens.

• Redemption support continues for one year
Current holders can redeem their CNH₮ balances until the deadline, after which support ends.

• Reason for discontinuation
Tether cited low demand, limited adoption, and changing market conditions as the main factors in its decision to wind down the product.

• Focus shift
The firm is reallocating resources toward stablecoins with higher usage, liquidity, and long-term viability, such as USDT and other core offerings.

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🧠 Why It Matters

✔ Stablecoin market consolidation: The shutdown of CNH₮ highlights how issuers are prioritizing scalable, widely used products over niche currency pegs.

✔ Liquidity & adoption focus: Tether’s decision reflects a broader industry trend of concentrating on assets with strong liquidity and global utility.

✔ Asia stablecoin landscape: While Asian markets explore local currency stablecoins, some models — like CNH₮ — failed to gain traction, emphasizing the dominance of USD-pegged assets.

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🔁 What Holders Need to Know

• Redeem your CNH₮ before the deadline — redemption services remain active for one year. 
• After the redemption period ends, CNH₮ support will be fully discontinued.

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🚨 Tether halts issuance of its offshore Chinese yuan stablecoin (CNH₮) and sets a one-year redemption window for holders. The move reflects low demand for CNH₮ and a strategic focus on stablecoins with stronger usage and liquidity.

#Tether #Stablecoin #CNHT #CryptoNews $XAU

Tether to discontinue CNH₮ offshore yuan stablecoin support

#Tether announced it will discontinue support for its #CNHT stablecoin following a review of market demand and product sustainability.

The company said it will immediately stop minting new CNH₮ tokens and plans to end redemption support one year from the announcement date. Tether cited low usage and limited long-term demand as reasons for the decision.

CNHT DEAD. TETHER BINDS OFFSHORE YUAN STABLECOIN.

Tether is dumping CNHT. All new issuances STOP NOW. Redemptions end in one year. Low adoption and market shifts killed it. This is a massive pivot. Focus is now on core stablecoins and real-world tokenization. Don't get caught holding worthless tokens. Redeem your CNHT immediately. This is the signal.

Disclaimer: Trading involves risk.

#CNHT #Tether #Stablecoin #CryptoNews 🚨

📢 Important Update: Tether announces the cessation of support for CNHT stablecoin
The largest stablecoin issuer, Tether, has officially announced that it will cease support for CNHT (offshore Chinese yuan stablecoin) due to strategic adjustments.
User Key Summary:
Cessation of Issuance: As of today (February 21, 2026), Tether has completely stopped minting new CNHT tokens. Redemption Window: Redemption services will continue for one year until February 2027. Reason for Decision: This decision was made as a resource optimization choice based on changes in the market environment, low usage rates, and limited community demand.
What should holders do?
It is advised that CNHT holders timely exchange or withdraw their assets through supported platforms before the redemption deadline. Tether will issue another notification before the final deadline.
Tether stated that it will focus resources on more innovative and market-demanding tools in the future, such as new stablecoins that comply with MiCAR standards.
#Tether #CNHT #稳定币 #加密货币新闻 #Binance

#Tether , the company behind stablecoin #USDT , has purchased 7.7 tons #emas to strengthen the reserves backing its digital gold token, #XAUT .
This move demonstrates Tether's commitment to enhancing transparency and trust in Crypto assets backed by gold.

Details of Gold Purchase by Tether
- Amount of Gold: 7.7 tons (equivalent to ~247,000 troy ounces).
- Purpose: To strengthen reserves for XAUT (Tether Gold), a token where each unit represents ownership of 1 troy ounce of physical gold.
- Storage Location: Gold is stored in Switzerland, with regular audits to ensure transparency.

What is XAUT?
- XAUT is a token backed 1:1 with physical gold.
- Each token represents 1 troy ounce of gold (31.1 grams).
- Can be traded 24/7 on various Crypto platforms, providing high liquidity compared to traditional gold investments.

Why is This Important?
1. Stability & Trust: By increasing gold reserves, Tether strengthens investor confidence that XAUT is truly backed by real assets.
2. Investment Alternative: XAUT allows investors to gain exposure to gold without the need to store it physically.
3. Hedge Against Inflation: Gold is often considered a safe-haven asset, and XAUT provides easy access to the global gold market.

Tether's Developments in Commodity-Backed Assets
In addition to USDT (USD-backed stablecoin), Tether is also developing commodity-based products such as:
- XAUT (backed by gold).
- #CNHT (backed by Chinese yuan).

This gold purchase reaffirms Tether's strategy to expand the range of Crypto assets secured by real assets.

Tether to launch UAE dirham-pegged stablecoin $AEDT

#USDT #EUR #MXNT #CNHT #AEDT
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