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PHAROSlive stablecoin signals

AxCNH (AxCNH) stablecoin analytics

AxCNH is AnchorX's centralized offshore-yuan stablecoin, redeemable 1:1 for CNH and backed by CNH cash reserves at regulated financial institutions.

Static Profile

Static stablecoin profile

AxCNH (AxCNH) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Offshore Yuan.

AI summary / Updated May 15, 2026

AxCNH is AnchorX's centralized offshore-yuan stablecoin, redeemable 1:1 for CNH and backed by CNH cash reserves at regulated financial institutions — issued under a Kazakhstan AFSA license rather than Hong Kong or Singapore. AnchorX's AxCNH is a CNH-pegged stablecoin backed...

AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026

Collateral
Offshore Chinese yuan (CNH) cash reserves held 1:1 at regulated financial institutions; issuer materials describe AxCNH as fully reserved and redeemable for CNH
Peg Mechanism
Direct 1:1 issuance and redemption through AnchorX for CNH transfers; the issuer publishes reported circulating AxCNH and corresponding CNH reserves on its transparency page
Jurisdiction
Kazakhstan / AFSA / AFSA-A-LA-2025-0013
Proof Of Reserves
No proof-of-reserves entry in the static profile.
Contracts
2 deployments tracked across Conflux and Ethereum.

Snippet Answer

Is AxCNH safe?

Pharos does not mark AxCNH as absolutely safe. Static metadata says AxCNH uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with live reserve feed configured; 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.

Next Actions

Exact bot target: /subscribe dews,depeg,safety axcnh-anchorx

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 May 15, 2026.

AxCNH quick answers

What is AxCNH (AxCNH)?

AxCNH is AnchorX's centralized offshore-yuan stablecoin, redeemable 1:1 for CNH and backed by CNH cash reserves at regulated financial institutions. The static profile records its Offshore Yuan peg mechanism as: Direct 1:1 issuance and redemption through AnchorX for CNH transfers; the issuer publishes reported circulating AxCNH and corresponding CNH reserves on its transparency page

What backs AxCNH?

Pharos classifies AxCNH backing as Real-World Asset Backed. Collateral, per the static profile: Offshore Chinese yuan (CNH) cash reserves held 1:1 at regulated financial institutions; issuer materials describe AxCNH as fully reserved and redeemable for CNH Reserve evidence: live reserve feed configured.

Can AxCNH 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 AxCNH, when applicable, appear in the dossier below.