Tether CNHT is a new stablecoin pegged to the offshore Chinese yuan (CNH), initially available only as an ERC-20 token on the Ethereum blockchain. CNH represents Tethers expansion of functionality in the digital use of traditional currencies, such as the US dollar (USDT) and the euro (EURT). Tether is 100% backed by traditional currency and cash equivalents. The Tether platform is built on open blockchain technology, providing users with security and transparency.
