The post Tether Discontinues Support for CNH₮ Shifting Strategy appeared on BitcoinEthereumNews.com.

Tether will discontinue its offshore yuan stablecoin CNH₮, stopping new issuance immediately. Redemption support for CNH₮ will end one year after the announcement, with holders urged to redeem early. The shutdown follows weak adoption and limited market demand that no longer justifies operational costs. 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 for one year from the announcement. After that deadline, redemption support will end. Interestingly, the stablecoin was launched in September 2019 with initial availability only on Ethereum. Tether said it will issue a reminder notice before the final cutoff and advised holders to redeem their tokens as soon as possible. The transition follows a structured process similar to earlier product shutdowns. “CNH₮’s usage levels don’t justify the continued operational support required to maintain it at the standards Tether applies across its products,” Tether said. Low demand and scale drove the decision Tether said CNH₮ failed to show sustained community interest compared with other supported assets. The company reviewed usage data, operational costs, and long-term viability before deciding to end support. Tether announced it will discontinue support for the offshore yuan stablecoin CNH₮: effective immediately, no new tokens will be issued; redemption support will end one year after the announcement, with a prior reminder. The decision was based on market conditions and limited… — Wu Blockchain (@WuBlockchain) February 21, 2026 The firm added that CNH₮’s scale no longer justifies the resources required to maintain security and operational standards. The company said it prioritizes products with strong adoption and long-term relevance. The shutdown…

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Filed under: News - @ February 21, 2026 12:09 pm