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Tether is expanding its on-chain liquidity network by launching CNH₮0 and USD₮0 on the Conflux blockchain. The launch links China’s offshore yuan and the U.S. dollar to a network that is approved for use in China. Tether is targeting cross-border settlements across Asia, the Middle East, and Europe so institutional users can move value in compliant environments. The Tether expansion shows the issuer is tying real-world currencies to chains regulators and enterprises already recognize.
Read The Full Article Tether Bridges US-China Assets, Launching USD₮0 and CNH₮0 on China-Compliant Conflux Network On Coin Edition.
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