CNH, the offshore version of China’s yuan, has long been a cornerstone of global trade and settlement. It allows international businesses to transact in yuan without relying on mainland financial infrastructure, making it an essential currency for everything from cross-border commerce to supply chain finance.
As markets evolve, demand for more accessible CNH liquidity has grown rapidly in Asia and beyond. Conflux, the only public blockchain with regulatory approval for use in China, provides the perfect foundation for this next phase of growth.
To that end, we’re thrilled to announce both the launch of USD₮0 and global debut of CNH₮0 on Conflux!
CNH₮0 is the omnichain deployment of Tether CNH (CNH₮), built to unify offshore yuan-denominated liquidity across the world’s leading blockchains. Using the same LayerZero OFT standard that powers USD₮0 and XAU₮0, CNH₮0 allows CNH-backed value to move natively between chains without wrapped tokens or liquidity fragmentation.
This gives CNH₮ full composability across lending markets, payment rails, and onchain financial systems. Developers and institutions can now build directly on CNH₮0 to enable:
Faster, lower-cost cross-border settlement and invoicing in CNH
CNH-denominated credit and liquidity pools across multiple chains
Efficient FX routing between CNH₮0, USD₮0, and other major digital assets
New capital management strategies based on CNH-backed liquidity
By bridging one of the world’s most important trade currencies with omnichain infrastructure, CNH₮0 makes CNH fully composable and instantly accessible anywhere onchain.
The first deployment of CNH₮0 is on Conflux, a high-performance Layer 1 blockchain designed for real-world economic coordination. Conflux supports fast confirmation, predictable fees, and EVM compatibility, making it approachable for developers and institutions already building in Ethereum-based environments.
Conflux is also uniquely positioned in the global blockchain landscape. It is aligned with China’s regulatory framework and has been used in applications and partnerships involving the country’s public infrastructure initiatives. This situates Conflux at the intersection of web3 innovation and real-world economic systems across Asia.
Conflux offers:
High-throughput settlement suitable for commercial and institutional transaction flows
Low and predictable fees that support frequent value movement across borders
A developer-ready environment built around full EVM compatibility
Strong regional connectivity across Asian trading corridors, payment networks, and supply-chain markets
Launching CNH₮0 on Conflux places CNH₮-denominated liquidity directly within the regions where CNH₮ is already widely used for settlement and commerce. It also connects that liquidity to the broader omnichain ecosystem shared by USD₮0 and XAU₮0, allowing CNH₮ to participate fully in global onchain markets instead of being constrained to isolated environments.
Conflux represents a rare balance in the blockchain world: government-level regulatory alignment combined with open, composable infrastructure. By deploying both USD₮0 and CNH₮0 on Conflux, we are bringing two of the world’s most significant fiat-backed assets onto a single network built for compliance, scale, and real-world utility.
Together, these deployments mark a turning point in cross-border finance, where omnichain liquidity and regulatory readiness converge to power the next phase of global digital commerce.
CNH, the offshore version of China’s yuan, has long been a cornerstone of global trade and settlement. It allows international businesses to transact in yuan without relying on mainland financial infrastructure, making it an essential currency for everything from cross-border commerce to supply chain finance.
As markets evolve, demand for more accessible CNH liquidity has grown rapidly in Asia and beyond. Conflux, the only public blockchain with regulatory approval for use in China, provides the perfect foundation for this next phase of growth.
To that end, we’re thrilled to announce both the launch of USD₮0 and global debut of CNH₮0 on Conflux!
CNH₮0 is the omnichain deployment of Tether CNH (CNH₮), built to unify offshore yuan-denominated liquidity across the world’s leading blockchains. Using the same LayerZero OFT standard that powers USD₮0 and XAU₮0, CNH₮0 allows CNH-backed value to move natively between chains without wrapped tokens or liquidity fragmentation.
This gives CNH₮ full composability across lending markets, payment rails, and onchain financial systems. Developers and institutions can now build directly on CNH₮0 to enable:
Faster, lower-cost cross-border settlement and invoicing in CNH
CNH-denominated credit and liquidity pools across multiple chains
Efficient FX routing between CNH₮0, USD₮0, and other major digital assets
New capital management strategies based on CNH-backed liquidity
By bridging one of the world’s most important trade currencies with omnichain infrastructure, CNH₮0 makes CNH fully composable and instantly accessible anywhere onchain.
The first deployment of CNH₮0 is on Conflux, a high-performance Layer 1 blockchain designed for real-world economic coordination. Conflux supports fast confirmation, predictable fees, and EVM compatibility, making it approachable for developers and institutions already building in Ethereum-based environments.
Conflux is also uniquely positioned in the global blockchain landscape. It is aligned with China’s regulatory framework and has been used in applications and partnerships involving the country’s public infrastructure initiatives. This situates Conflux at the intersection of web3 innovation and real-world economic systems across Asia.
Conflux offers:
High-throughput settlement suitable for commercial and institutional transaction flows
Low and predictable fees that support frequent value movement across borders
A developer-ready environment built around full EVM compatibility
Strong regional connectivity across Asian trading corridors, payment networks, and supply-chain markets
Launching CNH₮0 on Conflux places CNH₮-denominated liquidity directly within the regions where CNH₮ is already widely used for settlement and commerce. It also connects that liquidity to the broader omnichain ecosystem shared by USD₮0 and XAU₮0, allowing CNH₮ to participate fully in global onchain markets instead of being constrained to isolated environments.
Conflux represents a rare balance in the blockchain world: government-level regulatory alignment combined with open, composable infrastructure. By deploying both USD₮0 and CNH₮0 on Conflux, we are bringing two of the world’s most significant fiat-backed assets onto a single network built for compliance, scale, and real-world utility.
Together, these deployments mark a turning point in cross-border finance, where omnichain liquidity and regulatory readiness converge to power the next phase of global digital commerce.
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Today, we are thrilled to announce the launch of USDT0. USDT has completely reshaped global economies and in just over a decade has become the single largest stable asset in the world at almost $140B. It fulfilled crypto’s original promise of banking the unbanked and providing critical financial infrastructure for billions worldwide. With the introduction of USDT0, this mission now expands further. It extends USDT across new blockchains, enables a seamless experience for users and developers,...
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Since launching in 2020, Tether Gold (XAUt) has become the world’s leading tokenized gold asset, trusted by traders, savers, and DeFi enthusiasts alike. As a fully backed token, XAUt lets anyone hold a digital claim on LBMA–accredited bullion, locked in Swiss vaults and physically redeemable. But like many onchain assets, XAUt’s liquidity lives in isolated pools and access is limited across chains. This fragmentation adds costs and risk to an asset otherwise known for stability and security a...
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Your USDT, anywhere. Official blog of USDT0 — the unified liquidity protocol bringing Tether's assets to any chain.
Your USDT, anywhere. Official blog of USDT0 — the unified liquidity protocol bringing Tether's assets to any chain.
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