Tether Ends CNH₮ Stablecoin Issuance, Sets Final Redemption Deadline
The post Tether Ends CNH₮ Stablecoin Issuance, Sets Final Redemption Deadline appeared on BitcoinEthereumNews.com.
Tether discontinues CNH₮ stablecoin issuance, sets February 2027 redemption deadline, citing low demand, shifting strategy, and structured transition guidance process. Tether has announced the immediate halt of CNH₮ stablecoin issuances globally. The company also confirmed a final redemption deadline of February 2027. Netherlands Gambling Authority Orders Immediate Compliance Effective immediately, no new CNH₮ tokens will be minted or issued. Redemption services will remain active under Tether’s current Terms of Service for the time being. However, Tether said that redemption support will end after one year. A reminder notice will be issued preceding the cut-off date of February 2027. Related Reading: Elemental Royalty Offers Dividends in Tether XAUT The decision is based on the changing market situation and the limited product demand consistently. According to Tether, the usage levels of CNH₮ no longer warrant operational resources. Community adoption, liquidity strength and sustainability are the guiding principles of product evaluations at Tether. Therefore, resources are diverted towards assets in which there is better long-term relevance. Tether reiterated that security, reliability and innovation are its main priorities. As a result, tokens that are underutilized may go through structured, transparent sunset processes. CNH₮ holders across supported blockchains are encouraged to redeem holdings as soon as possible. Until the deadline, redemptions will proceed pursuant to normal contractual terms. The transition is similar to the previous Tether product discontinuities. Examples in the past are EUR₮’s retirement and legacy blockchain support withdrawals. Moreover, other platforms like Omni and Kusama saw phased support conclusions in the past. Regulatory, technical, and liquidity factors affected those earlier strategic decisions. Dutch Authorities Cite Social and Legal Risks CNH₮ redemptions are still available without disruption until February 2027, Tether said. Nevertheless, holders are urged to process in a timely manner to prevent processing delays. The company had framed the move as part…
Filed under: News - @ February 21, 2026 12:27 pm