Conflux Expands Stablecoin Interoperability: Integration of USDT₀ & CNHT₀

Conflux Network has made a significant move in stablecoin infrastructure by integrating Tether’s USDT₀ and China National Huobi Token (CNHT₀). This interoperable integration will allow for seamless cross-border payments, DeFi liquidity, and real-world settlements globally. Leveraging the LayerZero Omnichain Fungible Token (OFT) standard, Conflux connects USDT₀ to Tether’s Ethereum redemption system for smooth cross-chain transfers. CNHT₀ is pegged to the Chinese yuan (CNH), enabling digital currency channels for trade and cross-border transactions within China.