PHT Stablecoin (PHT) stablecoin analytics
PHT is APACX's Philippine peso CDP stablecoin using approved stablecoin collateral such as USDC/USDT, with apcxUSDT live in beta transparency.
Static Profile
Static stablecoin profile
PHT Stablecoin (PHT) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg Philippine Peso.
AI summary / Updated May 18, 2026
PHT uses APACX's MakerDAO-style multi-collateral design with approved stablecoins such as USDC and USDT. The current transparency page lists apcxUSDT and a planned apcxUSDC wallet, so reserve visibility supports multi-collateral stablecoin backing rather than a single fixed...
AI summary · drafted by codex-stablecoin-review · reviewed by Codex data review on May 18, 2026 · facts as of May 18, 2026
- Collateral
- MakerDAO-style CDP vaults using approved stablecoin collateral, with USDC/USDT described for the initial stage; APACX transparency currently lists apcxUSDT and planned apcxUSDC beta reserve wallets.
- Peg Mechanism
- Overcollateralized CDP vaults (MakerDAO MCD fork): users deposit apcxUSDT as collateral to mint PHT; undercollateralized vaults liquidated via Dutch auction; Chainlink PHP/USD oracle; LayerZero OFT for cross-chain bridging
- Jurisdiction
- Singapore
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Snippet Answer
Is PHT safe?
Pharos does not mark PHT as absolutely safe. Static metadata says PHT Stablecoin uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. 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 pht-pht
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 May 18, 2026.
PHT quick answers
What is PHT Stablecoin (PHT)?
PHT is APACX's Philippine peso CDP stablecoin using approved stablecoin collateral such as USDC/USDT, with apcxUSDT live in beta transparency. The static profile records its Philippine Peso peg mechanism as: Overcollateralized CDP vaults (MakerDAO MCD fork): users deposit apcxUSDT as collateral to mint PHT; undercollateralized vaults liquidated via Dutch auction; Chainlink PHP/USD oracle; LayerZero OFT for cross-chain bridging
What backs PHT?
Pharos classifies PHT backing as Crypto-Collateralized. Collateral, per the static profile: MakerDAO-style CDP vaults using approved stablecoin collateral, with USDC/USDT described for the initial stage; APACX transparency currently lists apcxUSDT and planned apcxUSDC beta reserve wallets. Reserve evidence: live reserve feed configured.
Can PHT be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for PHT, when applicable, appear in the dossier below.