VNX Swiss Franc (VCHF) stablecoin analytics
Answer First
What is VNX Swiss Franc (VCHF)?
VCHF is VNX's issuer-redeemable Swiss franc token, backed at the latest published report date by an aggregate CHF-value reserve of undisclosed composition. The static profile records its Swiss Franc peg mechanism as: Direct 1:1 redemption through VNX Commodities AG; tokens minted on demand for verified customers depositing equivalent CHF value
Is VCHF safe?
VCHF holds a C Safety Score grade (58/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says VNX Swiss Franc uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from AREVA General Auditing and Trust Company Limited (fiat-token series stalled: the 2025-12-31 AREVA cycle covered VNXAU gold only, so this 2024-12-31 report remains the newest fiat artefact ~19 months on; issuance has since migrated from VNX Commodities AG to Bermuda-licensed VNX Global Ltd); 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.
Static Profile
Static stablecoin profile
VNX Swiss Franc (VCHF) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Swiss Franc.
AI summary / Updated Sep 7, 2026
VNX's VCHF is a CHF-redeemable token launched under Liechtenstein's TVTG Blockchain Act, and its evidence trail has stopped moving. The newest reserve report is an AREVA agreed-upon-procedures check as of 31 December 2024, which confirmed aggregate CHF-value coverage in unnamed bank or securities custody accounts without disclosing holdings or category split; the 2025 AREVA cycle covered VNX Gold only, so the fiat series is more than eighteen months stale and outside the v9 freshness bound. Since then VNX...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- Aggregate CHF-value reserves held by VNX Commodities AG in bank accounts and/or securities custody accounts; the latest published AREVA report does not disclose the holdings or category split
- Peg Mechanism
- Direct 1:1 redemption through VNX Commodities AG; tokens minted on demand for verified customers depositing equivalent CHF value
- Jurisdiction
- Liechtenstein / FMA / TVTG (Blockchain Act)
- Proof Of Reserves
- Independent Audit by AREVA General Auditing and Trust Company Limited (fiat-token series stalled: the 2025-12-31 AREVA cycle covered VNXAU gold only, so this 2024-12-31 report remains the newest fiat artefact ~19 months on; issuance has since migrated from VNX Commodities AG to Bermuda-licensed VNX Global Ltd) Reserve source
Next Actions
Exact bot target: /subscribe dews,depeg,safety vchf-vnx
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.
VCHF quick answers
What is VNX Swiss Franc (VCHF)?
VCHF is VNX's issuer-redeemable Swiss franc token, backed at the latest published report date by an aggregate CHF-value reserve of undisclosed composition. The static profile records its Swiss Franc peg mechanism as: Direct 1:1 redemption through VNX Commodities AG; tokens minted on demand for verified customers depositing equivalent CHF value
Is VCHF safe?
VCHF holds a C Safety Score grade (58/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says VNX Swiss Franc uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from AREVA General Auditing and Trust Company Limited (fiat-token series stalled: the 2025-12-31 AREVA cycle covered VNXAU gold only, so this 2024-12-31 report remains the newest fiat artefact ~19 months on; issuance has since migrated from VNX Commodities AG to Bermuda-licensed VNX Global Ltd); 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 VCHF?
Pharos classifies VCHF backing as Real-World Asset Backed. Collateral, per the static profile: Aggregate CHF-value reserves held by VNX Commodities AG in bank accounts and/or securities custody accounts; the latest published AREVA report does not disclose the holdings or category split Reserve evidence: Independent Audit from AREVA General Auditing and Trust Company Limited (fiat-token series stalled: the 2025-12-31 AREVA cycle covered VNXAU gold only, so this 2024-12-31 report remains the newest fiat artefact ~19 months on; issuance has since migrated from VNX Commodities AG to Bermuda-licensed VNX Global Ltd).
Can VCHF 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 VCHF, when applicable, appear in the dossier below.
