Tether to launch stablecoin pegged to Chinese Yuan

Tether to launch stablecoin pegged to Chinese Yuan

Tether is planning on launching a Chinese Yuan-pegged stablecoin. The stablecoin, which will be known as CNHT, will be the fourth stablecoin in Tether’s portfolio. Tether’s portfolio of stablecoins includes the US dollar (USDT), Euro (EURT) and the Japanese Yen (JPYT).

Simone
Simone
Coolidge
Coolidge 7 months

There is nothing stable about the Chinese yuan

michael zubas
michael zubas 7 months

hmm. an wxperiment like no other. can Official Currency be Digitalized? and will that lead to Increased commerce, physical and digital?

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