Tether Launches Chinese Yuan-Backed Stablecoin

by insiderpro 09/09/2019

Preview The new stablecoin CNHt is available on the Ethereum blockchain as an ERC-20 token.



Gainers

Logo Coin Price Change(24 Hour)
Ocean Protocol
Ocean Protocol$0.12961

%328.05

Metaverse ETP
Metaverse ETP$0.72300

%26.3488

Kyber Network
Kyber Network$0.19124

%6.27728

Fetch
Fetch$0.05513

%3.3414

MaidSafeCoin
MaidSafeCoin$0.21647

%2.75565

Ren
Ren$0.04661

%2.23467

Maker
Maker$483.589

%1.27037

Zilliqa
Zilliqa$0.00698

%0.516256


Updated: 09/11/2019

Losers

Logo Coin Price Change(24 Hour)
Algorand
Algorand$0.35076

%-8.87239

Cosmos
Cosmos$2.50850

%-7.63264

Ardor
Ardor$0.05669

%-7.19795

Decred
Decred$22.2904

%-6.64367

Zcoin
Zcoin$5.35310

%-6.6058

Bytecoin
Bytecoin$0.00042

%-6.39379

MonaCoin
MonaCoin$0.99685

%-6.3682

Lisk
Lisk$0.96250

%-5.77873


Updated: 09/11/2019

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Tether (USDT) Launches Digital Yuan Before PBoC

Controversial firm Tether Limited has announced that it is expanding its list of stablecoins by launching an offshore yuan-backed digital currency.  Tether Continues its March The Hong Kong company said in a short blog post that the new stablecoin, known as CNHT, would be pegged one-to-one to the offshore Chinese yuan. Like its popular stablecoin USDT, which is backed by the US dollar, CNHT would be issued as an ERC20 token atop the Ethereum blockchain.