‍Tether Halts Support for Offshore Chinese Yuan Stablecoin CNHT

Tether, the leading stablecoin issuer, has announced the discontinuation of its offshore Chinese yuan-pegged token, CNHT. New issuances are halted effective February 21, 2026, with a one-year window for redemptions until February 2027.

The decision is driven by low community engagement and trading volume for CNHT compared to USDT. Tether aims to optimize resources and focus on more in-demand assets like USDT, EURT, and gold-pegged tokens amidst evolving regulatory landscapes and market conditions.

https://cryptovka.com/news/tether-halts-cnht-support-offshore-chinese-yuan-stablecoin-phased-out