SolCex has introduced a new USDT Savings product, offering traders flexible daily earnings with an annual percentage rate (APR) of 2.80%. Each account can hold up to $1 million USDT, providing significant flexibility without locking funds. This launch positions SolCex as a competitive player in the centralized exchange market.
Meanwhile, Tether has ceased issuing its offshore Chinese yuan-backed stablecoin, CNH₮, due to low demand. The company has stopped minting new tokens and will end redemption support in a year. Tether's USDT supply has dipped below $184 billion, yet stablecoin transfers surged 72% in 2025, indicating strong market activity despite the supply contraction.
SolCex Launches USDT Savings Amid Tether's CNH₮ Issuance Halt
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