AxCNH (AXCNH)

AxCNH (AXCNH) is a regulated CNH stablecoin designed to provide stability in the digital asset space while enhancing financial accessibility. Developed by AnchorX, this fiat-on-chain currency aims to facilitate efficient, reliable global exchanges while maintaining a commitment to innovation and integrity. The currency is positioned as a trusted anchor for users navigating the complexities of digital assets, particularly in the Asian market.

One of the key features of AxCNH is its 1:1 peg with the Chinese Renminbi (CNH), ensuring that holders can always redeem their AxCNH tokens for an equivalent amount of CNH. The stablecoin is fully backed by high-quality liquid asset reserves, managed through segregated custody accounts at regulated financial institutions, thereby promoting security and transparency. With a focus on supporting next-generation global payments, AxCNH enables rapid 24/7 settlement leveraging distributed ledger technology.

AxCNH aims to reduce the costs associated with cross-border payments, offering a more economical alternative to traditional payment methods. Accessibility is a cornerstone of its design, allowing anyone with an internet connection and a digital wallet to send, receive, and store AxCNH. Committed to regulatory compliance, AnchorX adheres to rigorous KYC, AML, and CFT regulations, reinforcing trust and confidence in the use of this stablecoin within the financial ecosystem.