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.