Tether has introduced its CNHT0 stablecoin, which is pegged to the offshore Chinese yuan, on the Conflux network. This launch aims to improve liquidity and facilitate cross-border payment solutions. The CNHT0 stablecoin is designed to provide users with a stable digital currency option that aligns with the value of the offshore yuan. By integrating with the Conflux network, Tether seeks to enhance the overall efficiency of transactions and broaden access to digital finance. The introduction of CNHT0 is expected to attract users looking for reliable and efficient payment methods in the growing digital currency landscape.
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