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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 pay...

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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?

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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