Tether To Issue New Stablecoin ‘CNHT’

According to the reports from ChainNews, Bitfinex shareholder Zhao Dong confirmed to that Tether will issue CNHT in the near future and anchor the stable currency of offshore RMB. 

Zhao Dong further said that his digital asset management platform RenrenBit will open the transaction and recharge the cash in the first time. Basically, Tether is the company that launched the stable USDT, is part of iFinex, which is also the parent company of Bitfinex.

Dong claimed that his management platform RenrenBit will be the first one to invest in the upcoming stablecoin.

The post appeared first on Coinpedia

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