Tether

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.

14 Mwezi wa pili, 2026 Imeripotiwa na AI

Tether has acquired a 12% stake in Gold.com through a $150 million investment, aiming to connect USDT holders with tokenized and physical gold. The deal includes integrating Tether's gold-backed token XAU₮ into Gold.com's platform. This move comes as gold prices surpass $5,000 an ounce amid rising demand for hedges.