Tether recently announced the launch of CNH₮ stablecoin. The official announcement was made at Tehter.io website.
This development brings the addition of offshore Chinese yuan (CNH) to tether supported currencies.
Each CNH₮ stablecoin is pegged to CNH. The CNH₮ stablecoin is made available as an ERC-20 token on Ethereum blockchain network.
Tether in their official announcement said, "CNH
Tether announces CNH₮ Stablecoin backed by Offshore Chinese Yuan
![Tether announces CNH₮ Stablecoin backed by Offshore Chinese Yuan]()
Reviewed by MCH
on
September 11, 2019
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