Tether Adds Offshore Chinese Yuan to Its Stablecoin Offering – China Crypto Surge Coming?

Tether, the company behind the largest stablecoin USDT, has expanded its offerings to include offshore Chinese Yuan (CNH₮) stablecoin on the Tron blockchain. The move will enable Chinese customers to send and receive payments in the stablecoin with fewer fees compared to the Ethereum blockchain. In a Tuesday announcement, Tether announced that they are adding CNH₮, a stablecoin pegged to offshore Chinese yuan (CNH), to the Tron blockchain. ... Read More: Tether Adds Offshore Chinese Yuan to Its Stablecoin Offering – China Crypto Surge Coming?