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Pharos

MXNB (MXNB) stablecoin analytics

MXNB is backed by segregated MXN cash, cash equivalents, and short-term Mexican government securities and issued under El Salvador's CNAD.

Static Profile

Static stablecoin profile

MXNB (MXNB) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Mexican Peso.

AI summary / Updated Jul 8, 2026

1:1 MXN-pegged stablecoin with quarterly attestations; issuer just moved from Mexico (CNBV) to El Salvador (CNAD) as of April 2026, with reserves still in regulated peso banking. MXNB remains a 1:1 Mexican peso stablecoin with quarterly reserve attestations and the same...

AI summary · drafted by claude-fable-5 · reviewed by @TokenBrice on Jul 8, 2026 · facts as of Jul 8, 2026

Collateral
Mexican peso cash, cash-equivalent assets, and short-term Mexican government securities held through segregated custodial accounts; beginning April 8, 2026, MXNB is issued by Nvio Pagos El Salvador, S.A. de C.V., an authorised digital-asset issuer in El Salvador
Peg Mechanism
1:1 MXN fiat-collateralized stablecoin; Juno/MXNB materials describe reserve parity, token burn/redemption through issuer rails, and quarterly third-party attestations confirming reserves exceed circulating supply
Jurisdiction
El Salvador / CNAD
Proof Of Reserves
Independent Audit by BDO Mexico (Castillo Miranda y Compania) quarterly financial valuation reports, signed by a corporate-finance/valuation partner acting as consultants under IVSC valuation standards; the report expressly does not confirm reserve accounts with banks and expresses no assurance opinion Reserve source
Contracts
5 deployments tracked across Ethereum, Polygon, Arbitrum, and Avalanche, plus 1 more.

Snippet Answer

Is MXNB safe?

Pharos does not mark MXNB as absolutely safe. Static metadata says MXNB uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from BDO Mexico (Castillo Miranda y Compania) quarterly financial valuation reports, signed by a corporate-finance/valuation partner acting as consultants under IVSC valuation standards; the report expressly does not confirm reserve accounts with banks and expresses no assurance opinion; 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 mxnb-juno

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 Jul 8, 2026.

MXNB quick answers

What is MXNB?

MXNB is backed by segregated MXN cash, cash equivalents, and short-term Mexican government securities and issued under El Salvador's CNAD. The static profile records its Mexican Peso peg mechanism as: 1:1 MXN fiat-collateralized stablecoin; Juno/MXNB materials describe reserve parity, token burn/redemption through issuer rails, and quarterly third-party attestations confirming reserves exceed circulating supply

Is MXNB safe?

Pharos does not mark MXNB as absolutely safe. Static metadata says MXNB uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from BDO Mexico (Castillo Miranda y Compania) quarterly financial valuation reports, signed by a corporate-finance/valuation partner acting as consultants under IVSC valuation standards; the report expressly does not confirm reserve accounts with banks and expresses no assurance opinion; 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 MXNB?

Pharos classifies MXNB backing as Real-World Asset Backed. Collateral, per the static profile: Mexican peso cash, cash-equivalent assets, and short-term Mexican government securities held through segregated custodial accounts; beginning April 8, 2026, MXNB is issued by Nvio Pagos El Salvador, S.A. de C.V., an authorised... Reserve evidence: Independent Audit from BDO Mexico (Castillo Miranda y Compania) quarterly financial valuation reports, signed by a corporate-finance/valuation partner acting as consultants under IVSC valuation standards; the report expressly does not confirm reserve accounts with banks and expresses no assurance opinion.

Can MXNB 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 MXNB, when applicable, appear in the dossier below.