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Tether To Terminate Offshore Yuan (CNH₮) Operations – Here’s Why
Stablecoin operator Tether has announced its decision to discontinue support for its offshore Chinese Yuan token CNH₮. The USDT operator has attributed this development to a lack of market demand, among other points. Related Reading: Stablecoin Yield ‘Effectively Off The Table’: White House Narrows Rewards Debate In Latest Meeting Tether To Terminate CNH₮ Redemption In […]
Hyperliquid Weekend Volume Up As Traders Bet On Commodities Amid US-Iran Conflict
According to a recent report, Hyperliquid saw the surge in trading volume over the weekend, as it became the venue to bet on commodities and other traditional asset classes. Following the escalation of tensions between the United States, Israel, and Iran, Bitcoin and the crypto market succumbed to significant downward pressure. However, the crypto market […]