Tether Pulls the Plug on CNH₮: A Real Heave‑Ho in the Crypto Wild West

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Some folks in Tether’s boardroom must have been sipping fortune‑seeking coffee and decided it was time to put our precious offshore Chinese Yuan token, CNH₮, on the chopping block. They claim the spell is a lack of demand- sounds about right-plus a host of other excuses that would make any good writer add a dash of spice.

Tether To Terminate CNH₮ Redemption In One Year

In a style reminiscent of a Washington post that’s tried a bit too hard, Tether penned a short “blog post” announcing its intent to haul the CNH₮ out of the stablecoin stable’s lore. The decision is attributed to a combo of low interest, thin adoption, and the sheer pang of cost‑benefit calculus (the good guys and the bad guys alike pay a price for grand ambitions).

Theirs was a famed, if slightly positive, statement that you might have confounded Mary‑Ann’s maiden ledger of morality with:

When deciding if a Tether token is worth keeping-or kicking into the dusty road-our priority is to hand over resources to projects that’ll stand up better in the long run. Hell, if it’s not boosting our security or adding any real value, it’s probably time to call it quits.

So there you have it. Low interest, low adoption, low return on the effort. The verdict: the CNH₮ has lost its appeal and Tether has politely told anybody who wants to rebalance their box that they still have a year to get their tokens denominations back before the stablecoin takes the final exit. We’re all set for a gentle exit footstep.

Without hope to second‑guess the practice, Tether will keep chasing its own stablecoin triumph and adventures into the land where the potential for adoption is truly “real.” They’ll keep ramping up liquidity, expanding the veil that’s now gone through your wallet, and keeping the world from “shaking” to get a chance in the mirror.

And so Tether cheers from the top of the world’s most abundant stable coin, USDT, currently boasting a market cap of a staggering 183.7 billion dollars. They most recently introduced USAT, as if they hadn’t already sent Tyler from a bureaucrat to the front bench.

Nigeria Leads Demand For Stablecoins

Meanwhile, an angeline report over in Africa says that man said “Germany” or I didn’t want to say.. Just to boast that 80% of respondents in Nigeria and South Africa are now watching the whole scenario. They basically got a $310 billion really good candy market.

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2026-02-22 16:26