📢 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
