[Tether to Cease Issuance and Redemption of Offshore Chinese Yuan Stablecoin CNHT] Foresight News reports that Tether has announced it will cease the issuance of the offshore Chinese yuan stablecoin CNHT effective immediately and will stop supporting CNHT redemptions one year after the announcement. Tether stated that consumer interest in the product is low, community demand for CNHT is limited, and its usage level is insufficient to meet the operational support required by the standards applied to all Tether products.