Major Move: Tether Phases Out CNH₮ Services
In 2026, Tether has made the significant decision to gradually discontinue support for its CNH₮ stablecoin. Effective immediately, the company has stopped issuing new CNH₮ tokens and plans to fully terminate redemption services within a year.
Why the Shift?
This decision reflects changing market conditions and the minimal demand for CNH₮ among users. Tether states it will focus on more widely adopted asset types to better meet user needs.
What Should Users Do?
- Review your CNH₮ holdings
- Redeem your assets as soon as possible
- Complete transactions before the deadline
Users holding CNH₮ are strongly advised to act promptly to avoid potential losses after the redemption window closes permanently.