PHT Stablecoin (PHT) stablecoin analytics
Answer First
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 approved collateral to mint PHT; undercollateralized vaults liquidate through independent Dutch auctions; live stablecoin paths divide Chainlink stablecoin/USD numerators by...
Is PHT safe?
Pharos does not assess PHT as safe: it holds an F Safety Score grade (39/100) in the latest published rating, which flags significant structural risk. Static metadata says PHT Stablecoin uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that freeze or administrative control exposure is possible but not fully confirmed. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
PHT Stablecoin (PHT) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg Philippine Peso.
AI summary / Updated Sep 7, 2026
PHT is APACX's Philippine-peso stablecoin built like a Maker-style CDP system, but the beta reserve reality is narrower than the architecture brochure. APACX says all existing PHT was minted against custodial apcxUSDT backed 1:1 by USDT at one disclosed Tron wallet, yet live Ethereum reads show positive debt in five collateral branches, and no branch-level balances or reconciliation are published. That leaves holders with USDT dependency, custodial-wrapper risk, and unresolved privileged mint or admin risk...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- All existing PHT is claimed by APACX to have been minted using custodial apcxUSDT backed 1:1 by USDT at the disclosed Tron reserve address TCRjE31cgksHetFLQd6JENAfBfXhHjMEFU; direct USDT, USDC, and other collateral are described as future/instructional, while the unreconciled live ILK conflict remains disclosed.
- Peg Mechanism
- Overcollateralized CDP vaults (MakerDAO MCD fork): users deposit approved collateral to mint PHT; undercollateralized vaults liquidate through independent Dutch auctions; live stablecoin paths divide Chainlink stablecoin/USD numerators by an owner-set APACX PHP/USD denominator; LayerZero OFT supports cross-chain bridging
- Jurisdiction
- Singapore
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
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 Sep 7, 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 approved collateral to mint PHT; undercollateralized vaults liquidate through independent Dutch auctions; live stablecoin paths divide Chainlink stablecoin/USD numerators by...
Is PHT safe?
Pharos does not assess PHT as safe: it holds an F Safety Score grade (39/100) in the latest published rating, which flags significant structural risk. Static metadata says PHT Stablecoin uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that freeze or administrative control exposure is possible but not fully confirmed. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs PHT?
Pharos classifies PHT backing as Crypto-Collateralized. Collateral, per the static profile: All existing PHT is claimed by APACX to have been minted using custodial apcxUSDT backed 1:1 by USDT at the disclosed Tron reserve address TCRjE31cgksHetFLQd6JENAfBfXhHjMEFU; direct USDT, USDC, and other collateral are described as... Reserve evidence: curated reserve profile.
Can PHT be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze or administrative control exposure is possible but not fully confirmed. Live freeze and blacklist events for PHT, when applicable, appear in the dossier below.
