apxUSD (apxUSD) stablecoin analytics
Answer First
What is apxUSD?
apxUSD is Apyx's DAT preferred-equity-backed dollar with a cash/T-Bill buffer; whitelist-only primary mint/redeem settles in USDC. The static profile records its US Dollar peg mechanism as: Whitelisted primary-market mint/redeem with USDC settlement at Redemption Value; secondary liquidity and arbitrage support non-whitelisted holders, while Protocol-Owned Liquidity provides an additional stability buffer during market stress.
Is apxUSD safe?
Pharos does not assess apxUSD as safe: it holds an F Safety Score grade (0/100) in the latest published rating, which flags significant structural risk. Static metadata says apxUSD uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Wolf & Company, P.C. examines Preference Foundation's monthly securities-balance assertions (including STRC and STRCx); these reports corroborate the disclosed preferred-equity sleeve but do not reconcile all apxUSD reserve buckets or liabilities. The July 2026 opinion is linked from the attestation index and the reserve review.; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
apxUSD (apxUSD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Sep 7, 2026
apxUSD is Apyx's dollar stablecoin backed by preferred shares of Digital Asset Treasury companies plus a cash and T-bill buffer: an experimental collateral type that bets equity dividends from crypto-holding firms can stay near par. Apyx introduced what might be the most creative collateral backing in stablecoins: preferred shares from Digital Asset Treasury companies, publicly traded equity from firms like Strategy that hold large crypto positions. The theory is that variable-rate preferred shares trade near par...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- Preferred shares issued by Digital Asset Treasuries (DATs): variable-rate, dividend-bearing preferred equity from companies holding digital assets (e.g., Strategy STRC, Strive SATA), held in excess of apxUSD outstanding, plus a cash and short-term U.S. Treasury Bill buffer (incl. USDC) for liquidity; redemptions settle in USDC, with preferred-share positions sold to USDC under stress
- Peg Mechanism
- Whitelisted primary-market mint/redeem with USDC settlement at Redemption Value; secondary liquidity and arbitrage support non-whitelisted holders, while Protocol-Owned Liquidity provides an additional stability buffer during market stress.
- Jurisdiction
- British Virgin Islands
- Proof Of Reserves
- Independent Audit by Wolf & Company, P.C. examines Preference Foundation's monthly securities-balance assertions (including STRC and STRCx); these reports corroborate the disclosed preferred-equity sleeve but do not reconcile all apxUSD reserve buckets or liabilities. The July 2026 opinion is linked from the attestation index and the reserve review. Reserve source
Next Actions
Exact bot target: /subscribe dews,depeg,safety apxusd-apyx
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
apxUSD quick answers
What is apxUSD?
apxUSD is Apyx's DAT preferred-equity-backed dollar with a cash/T-Bill buffer; whitelist-only primary mint/redeem settles in USDC. The static profile records its US Dollar peg mechanism as: Whitelisted primary-market mint/redeem with USDC settlement at Redemption Value; secondary liquidity and arbitrage support non-whitelisted holders, while Protocol-Owned Liquidity provides an additional stability buffer during market stress.
Is apxUSD safe?
Pharos does not assess apxUSD as safe: it holds an F Safety Score grade (0/100) in the latest published rating, which flags significant structural risk. Static metadata says apxUSD uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Wolf & Company, P.C. examines Preference Foundation's monthly securities-balance assertions (including STRC and STRCx); these reports corroborate the disclosed preferred-equity sleeve but do not reconcile all apxUSD reserve buckets or liabilities. The July 2026 opinion is linked from the attestation index and the reserve review.; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs apxUSD?
Pharos classifies apxUSD backing as Real-World Asset Backed. Collateral, per the static profile: Preferred shares issued by Digital Asset Treasuries (DATs): variable-rate, dividend-bearing preferred equity from companies holding digital assets (e.g., Strategy STRC, Strive SATA), held in excess of apxUSD outstanding, plus a cash and... Reserve evidence: Independent Audit from Wolf & Company, P.C. examines Preference Foundation's monthly securities-balance assertions (including STRC and STRCx); these reports corroborate the disclosed preferred-equity sleeve but do not reconcile all apxUSD reserve buckets or liabilities. The July 2026 opinion is linked from the attestation index and the reserve review..
Can apxUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for apxUSD, when applicable, appear in the dossier below.
