Dear clients,
Tether Operations Limited (Tether), the company behind the blockchain-enabled platform tether.to, announced yesterday that it has added its offshore Chinese Yuan (CNH₮) to the Tron blockchain. At launch, Bitfinex will be the first exchange to allow its users to deposit and withdraw CNH₮ using the Tron transport layer from the platform.
Created in 2019, CNH₮ initially ran only on the Ethereum blockchain in the form of an ERC-20 token. The launch on Tron will make it the second blockchain to receive, sell and store CNH₮.
CNH₮ will become the fourth stablecoin to support Tether, along with those pegged to the US dollar (USD₮), euro (EUR₮) and peso (MXN₮).
Cryptocurrency is usually a long-term investment, but the benefits could be reaped right now. Each deposit with cryptocurrency will give you an additional 10% to your account.
