Tether CNHt (CNHT) is a Offshore Chinese Yuan-pegged Tether Token stablecoin. More
| Fully Diluted Valuation | N/A |
|---|---|
| 24H Trading Volume | $3 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 20.50 M |
| Total Supply | 0.00 |
| Max Supply | 0.00 |
| Categories | CNY Stablecoin 3 more |
|---|---|
| Founder | Tether |
| Website | tether.to |
| Socials | |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Tronscan 3 more |
| Contracts | 0x6e1....07aef 1 more |
| Name | Pair | OG Score |
|---|
Tether CNHt is a stablecoin that is pegged to the offshore Chinese Yuan (CNH). Launched in 2019, it provides a stable and reliable way to transact with digital tokens.
Key Features
CNHt operates on the Ethereum blockchain, making it compatible with many wallets and platforms. It maintains stability by matching its value to the offshore Chinese Yuan, reducing the price swings often seen with other cryptocurrencies.
Security
Tether CNHt is secured through a reserve of assets that back each token, ensuring its value is supported. Blockchain technology also ensures that transactions are secure and transparent, making them less prone to fraud. Additional security measures protect user assets and personal information.
Uses
CNHt is used for smooth and cost-effective cross-border transactions. It allows for fast, secure, and transparent transfers without needing traditional banks. CNHt also supports innovation in the blockchain space by providing a stable way to exchange value.
Key Events
Since its launch, CNHt has not had major news but its introduction was an important development for digital currencies, especially for those interested in the Chinese market.
Conclusion
Tether CNHt offers a stable and secure way to use digital money, backed by the offshore Chinese Yuan and supported by blockchain technology.
Tether CNHt is a stablecoin pegged to the offshore Chinese Yuan (CNH), providing a stable and decentralized method for digital transactions on the Ethereum blockchain. Its value stability helps users avoid the price volatility common in other cryptocurrencies.
Tether CNHt was introduced by Tether Limited, the same organization behind other Tether stablecoins. The project’s leadership is part of Tether’s broader team, which includes industry veterans in blockchain and finance.
Tether CNHt is backed by Tether Limited, which has financial backing from various institutional investors and crypto market participants. The project’s stability is supported by a reserve of assets held by Tether Limited.
