{"id":64121,"date":"2026-02-22T12:16:32","date_gmt":"2026-02-22T09:16:32","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=64121"},"modified":"2026-02-22T12:16:32","modified_gmt":"2026-02-22T09:16:32","slug":"shocking-decision-from-tether-one-stablecoin-is-officially-being-shut-down","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/shocking-decision-from-tether-one-stablecoin-is-officially-being-shut-down\/","title":{"rendered":"Shocking Decision from Tether: One Stablecoin Is Officially Being Shut Down"},"content":{"rendered":"<p>The world\u2019s largest stablecoin issuer, Tether, has announced a significant change to its product portfolio, stating that it will discontinue support for its offshore yuan-pegged stablecoin, CNHT. The company cited changing market conditions and limited demand, explaining that the product is no longer sustainable. According to Tether\u2019s official statement, the minting of new CNHT tokens has been halted immediately, while redemption support will be fully terminated according to a defined timeline.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/shocking-decision-from-tether-one-stablecoin-is-officially-being-shut-down\/#New_CNHT_Minting_Halted\" title=\"New CNHT Minting Halted\">New CNHT Minting Halted<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/shocking-decision-from-tether-one-stablecoin-is-officially-being-shut-down\/#Two-Phase_Shutdown_Process\" title=\"Two-Phase Shutdown Process\">Two-Phase Shutdown Process<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/shocking-decision-from-tether-one-stablecoin-is-officially-being-shut-down\/#Focus_Shifts_to_Core_Products\" title=\"Focus Shifts to Core Products\">Focus Shifts to Core Products<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"570\" data-end=\"598\"><span class=\"ez-toc-section\" id=\"New_CNHT_Minting_Halted\"><\/span>New CNHT Minting Halted<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"600\" data-end=\"770\">Tether confirmed that the issuance of new CNHT tokens has been stopped with immediate effect. This marks the first step in the gradual wind-down process of the product. The company also announced that one year from the date of the announcement, CNHT redemption (buyback) support will be completely discontinued. During this transition period, users will receive reminders to withdraw or redeem their holdings. Tether emphasized that the process will be carried out transparently and in a structured manner to prevent inconvenience to CNHT holders.<\/p>\n<p data-start=\"1154\" data-end=\"1559\">In its statement, Tether explained that the decision was driven by evolving market conditions and the limited adoption of CNHT. The company noted that the scale of CNHT usage no longer justifies the allocation of operational resources required to maintain its high standards across all products. As a result, resources will be redirected toward products demonstrating stronger and more organic adoption.<\/p>\n<h2 data-start=\"1561\" data-end=\"1592\"><span class=\"ez-toc-section\" id=\"Two-Phase_Shutdown_Process\"><\/span>Two-Phase Shutdown Process<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"1594\" data-end=\"1660\">Tether outlined a two-stage plan for discontinuing CNHT support:<\/p>\n<ol>\n<li data-start=\"1665\" data-end=\"1728\"><strong data-start=\"1665\" data-end=\"1679\">Phase One:<\/strong> New CNHT token minting has been fully stopped.<\/li>\n<li data-start=\"1732\" data-end=\"1837\"><strong data-start=\"1732\" data-end=\"1746\">Phase Two:<\/strong> One year after the announcement, CNHT redemption support will be permanently terminated.<\/li>\n<\/ol>\n<p data-start=\"1839\" data-end=\"2029\">Throughout this one-year period, CNHT will remain redeemable under Tether\u2019s standard terms of service. However, the company recommends that users redeem their holdings as soon as possible.<\/p>\n<h2 data-start=\"2031\" data-end=\"2065\"><span class=\"ez-toc-section\" id=\"Focus_Shifts_to_Core_Products\"><\/span>Focus Shifts to Core Products<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"2067\" data-end=\"2455\">Going forward, Tether stated that it will concentrate on its core stablecoin offerings with stronger liquidity\u2014particularly Tether (USDT)\u2014as well as tokenization infrastructure and digital financial solutions. The company emphasized that developing sustainable, high-liquidity financial instruments for a global user base will remain a strategic priority. Tether\u2019s decision to discontinue CNHT is seen as part of a broader strategy to optimize its product portfolio and focus on high-demand, scalable offerings. As competition in the stablecoin market intensifies, Tether\u2019s shift toward stronger and more widely adopted products is expected to play a key role in shaping its next phase of growth.<\/p>\n<p data-start=\"2539\" data-end=\"2631\" data-is-last-node=\"\" data-is-only-node=\"\"><em>You can freely share your thoughts and comments about the topic in the comment section. Additionally, please don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Telegram,<\/a>\u00a0<a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">YouTube<\/a>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates instantly.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world\u2019s largest stablecoin issuer, Tether, has announced a significant change to its product portfolio, stating that it will discontinue support for its offshore yuan-pegged stablecoin, CNHT. The company cited changing market conditions and limited demand, explaining that the product is no longer sustainable. According to Tether\u2019s official statement, the minting of new CNHT tokens<\/p>\n","protected":false},"author":37,"featured_media":54811,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[393,840,847,336,58,5760,118,4286],"class_list":["post-64121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-crypto","tag-crypto-market","tag-crypto-news","tag-cryptocurrencies","tag-cryptocurrency","tag-digital-assets","tag-tether","tag-tether-usdt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Shocking Decision from Tether: One Stablecoin Shut Down<\/title>\n<meta name=\"description\" content=\"Tether, has announced to its product portfolio, stating that it will discontinue support for its offshore yuan-pegged stablecoin, CNHT.\" 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