AxCNH (AxCNH) stablecoin analytics
Answer First
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.
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 Sep 7, 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 remains capital-controlled and politically delicate. Pharos now treats the custody model as institutional-regulated, but the trust stack is still almost entirely issuer-side: AnchorX manages minting, redemption, and reserve reporting, while...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 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
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 Sep 7, 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.
