#
CHF Pegged Stablecoin – Symbol : CHXM #
The CHXM token is a stablecoin that is pegged to the pricing of the Swiss Franc in US Dollars. It is designed to maintain a stable value, giving holders a simple and efficient way to offset volatility and protect value. The token is collateralized by a multi‑asset digital asset treasury and engineered for institutional trading, providing exposure to a Swiss Franc in US Dollars benchmark through a single, efficient, utility‑driven and portable digital asset instrument. #
XMG Fintech is the primary issuer; however, authorized financial institutions may mint their own issuer‑keyed versions of the token for direct use within their ecosystems. These institution‑specific tokens can be placed into a Digital Asset Treasury as reserves to issue a DCN, create a Venture Token, collateralize transactions, or support controlled cash‑in and cash‑out operations for their customers or approved partners. #
Each issuer‑direct token is key‑marked with the institution’s identity and the specific parameters they define, such as cash‑in/cash‑out rules, approved counterparties and internal utilization policies, ensuring full transparency. Despite these issuer‑level customizations, the tokens remain fully fungible with the standard token. #
All XMG Fintech issued tokens are ERC‑20 compliant, allowing them to be held, transferred and utilized across any ERC‑20 compatible wallet, platform or system that supports the standard. This ensures seamless interoperability between institutional environments and the broader digital‑asset ecosystem. #
VIEW ALL TOKENS #
LATEST CRYPTO & FINANCIAL NEWS #
- Winklevoss PAC moves into Texas Senate race with $81K ad buy
- Underdog taps zerohash to bring crypto deposits to prediction markets
- Bitcoin hashrate hits seven-month high as AI shift fails to ease mining competition
- Irish cenbank fines Coinbase arm $3.6M for oversight, safeguard failures
- Bitcoin circles $81.5K ETF cost basis as Trump Iran comments send stocks lower
- Fireblocks disputes report of $2.5B Visa acquisition talks
- CryptoQuant CEO calls rising Bitcoin hashrate ‘indirect bullish signal’ from institutions
- Thailand SEC says several companies eye crypto ETFs, none has applied
- SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds
- Bitcoin ETF buyers are trend followers, not setters, DWF Labs says
- The UK needs a workable route to regulated DeFi access
- CoinDCX pledges no user losses after $16M transfers draw scrutiny
- Bitcoin corrects below $82K after Tesla Q3 results, KOSPI falls
- Starknet voters back research into life beyond Ethereum
- PHP flaw draws millions of exploit attempts, Cloudflare CEO warns
- Bitcoin ETFs bag another $528M, taking 3-day haul past $1B
- Move over memecoins: Crypto ‘meme games’ coming, bagholders and all
- PHP Foundation admits ‘structural failure’ delayed critical security fix
- American Bankers Association: OCC’s GENIUS rules ‘undermine’ US Congress
- Tether backs Bolivian fintech bringing USDT payments to food delivery and banking