SolCex Launches USDT Savings as Tether Adjusts Stablecoin Offerings
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SolCex USDT Savings offers flexible, daily earnings up to $1M per account, giving traders steady yield without locking funds.
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Tether stops issuing CNH₮ due to low demand; users can redeem tokens for a year before final closure.
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USDT supply dips below $184B, yet stablecoin transfers soar 72%, showing continued strong market activity.
Investors seeking steady yields now have a new option as SolCex officially launches USDT Savings. The exchange allows users to earn 2.80% APR on their USDT with flexible access. Users can open accounts on http://solcex.cc, complete verification, deposit USDT, and watch earnings accumulate daily.
Each account can hold up to $1,000,000 USDT, giving traders significant flexibility. SolCex positions this product as ideal for users wanting stable returns without locking their funds, marking another step toward becoming a top-tier centralized exchange (CEX).
Meanwhile, Tether has announced the shutdown of its offshore Chinese yuan-backed stablecoin CNH₮. The company confirmed that no new CNH₮ tokens will be minted, citing low usage and operational inefficiency.
The shutdown occurs in two stages: minting has already stopped, and redemption support ends one year from now. Tether urged holders to redeem early and noted, “We continuously evaluate our stablecoin offerings to ensure they align with real-world usage, long-term sustainability, and the needs of the communities that rely on them.”
USDT Supply Shows Minor Decline Amid Market Activity
Tether’s USDT supply fell below $184 billion as of February 18, down roughly $1.5 billion this month alone. January also saw a slight drop, signaling a gradual contraction. Despite this, the overall stablecoin market expanded to $304.6 billion from $302.9 billion last month.
USDC, issued by Circle Internet Group Inc., grew nearly 5% to $75.7 billion. Transaction activity remains robust: stablecoin transfers in 2025 jumped 72% to $33 trillion, with USDC processing $18.3 trillion and USDT $13.3 trillion. Hence, despite minor supply drops, stablecoins continue to dominate high-volume transactions.
Additionally, Tether’s Q4 2025 report highlights financial stability. The company’s reserves stood at $181.2 billion versus liabilities of $174.4 billion, exceeding obligations by over $6.7 billion. Consequently, Tether maintains its credibility despite adjustments in its stablecoin offerings.
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