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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 Jun 12, 2026

AnchorX's AxCNH is a centralized offshore-yuan stablecoin backed by CNH cash reserves and issued under a Kazakhstan AFSA license. The product gives on-chain access to offshore Chinese yuan exposure, which is structurally interesting precisely because the onshore currency...

AI summary · drafted by gpt-5-codex · reviewed by Codex data review on Jun 12, 2026 · facts as of Jun 12, 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
Independent Audit by Kreston ITH Digital Assets Reserve source
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 Independent Audit from Kreston ITH Digital Assets; 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 Jun 12, 2026.

AxCNH quick answers

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?

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 Independent Audit from Kreston ITH Digital Assets; 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 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: Independent Audit from Kreston ITH Digital Assets.

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.