Tether stops supporting CNHT, simply put, this stablecoin will be 'delisted'. No new CNHT will be issued in the future, and the existing ones must be exchanged for cash within a certain period, after which the officials will no longer be involved.
Specifically, these points are worth your attention:
· Two key dates: From the announcement date (February 21, 2026), no new CNHT will be issued; one year later (around February 2027), the redemption channel will be completely closed, after which Tether officials will no longer provide redemption services.
· Official explanation: Tether states that this is mainly because there are not many users. The community demand and attention for CNHT are very low, and its scale is not worth the company continuing to invest resources to maintain.
· Impact on you: If you hold CNHT, it means that this 'product' will be discontinued, and you need to quickly redeem it for fiat currency within a year; if you still hold it after a year, you won't be able to exchange it with the officials, and liquidity may worsen.
So the most important thing right now is to confirm whether you have any positions, and if you do, remember to manage them before the deadline.
