Zhao Dong: In addition to CNHT, Tether will also consider issuing stable coins that anchor bulk commodities.

In an interview on the evening of August 29, Zhao Dong mentioned in the CNHT interview activity on anchoring the RMB stable currency that the current circulation of USDT has accounted for 80% of the market, reaching USD 4 billion. The Tether team believes that taking such a high percentage in a currency is risky. The team hopes that the total amount of USDT issuance will be controlled within $5 billion. In addition to issuing CNHT anchoring offshore renminbi, Tether is also considering issuing stable currencies that anchor bulk commodities, such as gold, crude oil and rubber, to provide more investment channels for the market.