USDT

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Tether has announced the discontinuation of its CNH₮ stablecoin, pegged to China's offshore yuan, due to low demand and limited adoption. The company will halt new minting immediately and end redemptions in one year. Resources will shift to more widely used stablecoins like USDT.

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MyCryptoFund (MCF) has introduced a new funded trader program that provides skilled cryptocurrency traders with access to capital up to 200,000 USDT and at least 80% of profits. Based in Road Town, British Virgin Islands, the initiative aims to support experienced traders through a structured evaluation process. The program operates entirely within the crypto ecosystem, using USDT for fees and payouts.

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