Profile
AxCNH profile facts
AxCNH (AxCNH) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Offshore Yuan.
- 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
- Agreed-Upon Procedures by Kreston ITH Digital Assets Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
AxCNH quick answers
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What is 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.
Is AxCNH safe?
As of Oct 25, 2026, Pharos grades AxCNH D (47/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs AxCNH?
Pharos records AxCNH's reserves as of Jun 30, 2026 as 100% CNH reserve (composition undisclosed). Reserve evidence: Agreed-Upon Procedures by Kreston ITH Digital Assets, latest period ending Jun 30, 2026. Pharos classifies the backing as Real-World Asset Backed.
Can AxCNH be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem AxCNH?
Under the route Pharos reviewed on Oct 2, 2026, customers the issuer has verified can redeem AxCNH for a single stable asset, such as cash or a stablecoin. Settlement is same-day. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.
