---
title: "Telcoin MXN (eMXN) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/emxn-telcoin/"
description: "Build-time stablecoin profile for Telcoin MXN (eMXN). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# Telcoin MXN (eMXN)

**Peg:** Mexican Peso

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** active

## Overview

eMXN is Telcoin's centralized MXN stablecoin on Polygon; reserves are issuer-reported with no public per-token feed yet. eMXN extends Telcoin's Digital Cash model from eUSD into Mexican peso settlement. CoinGecko supplies price and market-cap coverage, and the Polygon deployment gives Pharos a straightforward contract anchor. The issuer framing is bank-style payment infrastructure rather than a permissionless {{term:cdp}}CDP{{/term}}, so reserve confidence depends on Telcoin's off-chain controls and reporting. No public per-token reserve feed is currently documented in the reviewed materials. {{term:custody}}Custody{{/term}} sits with the issuer and {{term:redemption}}redemption{{/term}} runs through Telcoin's wallet rails.

## Collateral

Mexican-peso Digital Cash reserve backing managed by Telcoin for eMXN issued on Polygon

## Peg Mechanism

Issuer-managed Mexican-peso Digital Cash stablecoin used for payments and settlement in the Telcoin Wallet; public materials do not yet expose an eMXN-specific redemption or reserve-attestation report

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| United States | Nebraska Department of Banking and Finance | N/A |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| polygon | `0x68727e573d21a49c767c3c86a92d9f24bd933c99` | 6 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/emxn-telcoin.