Profile
eMXN profile facts
Telcoin MXN (eMXN) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Mexican Peso.
- Collateral
- Mexican-peso Digital Cash reserve backing managed by Telcoin for eMXN issued on Polygon
- Peg mechanism
- Issuer-managed Mexican-peso Digital Cash used for payments and settlement in the Telcoin Wallet. Telcoin's Terms of Use effective 2026-06-30, section XXIX, commit to commercially reasonable 1:1 redemption into the underlying reference currency for verified eligible account holders. The issuer fee is 0.15%, with additional bank and partner charges; section 24 uses a third-party FX data product at request time rather than publishing a same-notional USD payout quote. Standard processing is 1-3 business days, while large requests above $2,000 may take 3-5 business days or longer and redemptions remain subject to discretionary delays and limits. No eMXN-specific reserve-attestation report is linked on the reviewed Digital Cash page
- Jurisdiction
- United States
- Proof of reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Polygon.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
eMXN quick answers
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What is Telcoin MXN (eMXN)?
eMXN is Telcoin's centralized Mexican peso stablecoin on Polygon, backed by MXN reserves managed by Telcoin and used for Digital Cash payments. The static profile records its Mexican Peso peg mechanism as: Issuer-managed Mexican-peso Digital Cash used for payments and settlement in the Telcoin Wallet.
Is eMXN safe?
As of Nov 10, 2026, Pharos grades eMXN D (46/100) 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 eMXN?
Pharos records eMXN's reserves in its review of Oct 1, 2026 as 100% Mexican peso fiat reserves for Telcoin Digital Cash. Reserve evidence: curated reserve profile. Pharos classifies the backing as Real-World Asset Backed.
Can eMXN be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem eMXN?
Under the route Pharos reviewed on Aug 13, 2026, customers the issuer has verified can redeem eMXN for a single stable asset, such as cash or a stablecoin. Settlement takes multiple days. The reviewed redemption fee is 0.15%. Whether a given holder qualifies is set by the route's own terms, not by this summary.
