Tether announces it will stop supporting the offshore Chinese yuan stablecoin CNH₮: Effective immediately, no new issuance or minting of tokens will occur. Redemption support will end one year after the announcement, with a reminder to be issued before the redemption deadline. Tether stated that the decision is based on changes in market conditions, low product demand, and insufficient community usage, as the scale of CNH₮ usage cannot sustain ongoing operational costs. Redemptions will still be processed normally according to the terms before the redemption deadline, and users are advised to complete redemptions as soon as possible. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57010