- This stablecoin does not have a price feed available at the moment and we are unable to display peg/depeg rates.
About CNH Tether
CNH Tether (CNHT) is an offshore Chinese Yuan-pegged stablecoin issued by Tether on Ethereum. Each CNHT token is backed 1:1 by CNH (offshore renminbi) reserves held by Tether. It enables digital trading and settlement denominated in offshore Chinese Yuan.
CNHT (CNH₮) is issued by Tether, the company behind USDT, as part of its range of non-USD fiat stablecoins. CNH refers to the offshore Chinese renminbi (yuan) traded outside mainland China.
Mechanism
- Fiat-backed: 1 CNHT = 1 CNH, backed by Tether's reserves
- ERC-20 token on Ethereum with 6 decimal places
- Includes compliance features: pause and blacklist functionality (standard for Tether tokens)
Status
Low adoption relative to USDT. Circulating supply is approximately 20.5 million CNHT (~$319,000 at CNH/USD rates as of early 2026). Note: CoinGecko no longer lists a separate page for CNHT.
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