VNX Swiss Franc
VCHFPrice
$1.2351
Market Cap
$3.45M
Market Cap
$3.45M
Dominance
0.00%
Price
$1.2351
% Off Peg
—
24h Supply
-0.44%
7d Supply
-0.44%
30d Supply
-2.29%
Networks
11
Circulating Supply
Total VCHF across all chains
Chain Distribution
Current supply by network
About VNX Swiss Franc
VNX Swiss Franc (VCHF) is a fully regulated stablecoin referencing the Swiss franc. The token is issued by VNX Global Ltd., which is licensed to conduct digital asset business activities under a Class M digital assets business licence issued by the Bermuda Monetary Authority. Each VCHF token is designed to be fully backed 1:1 by Swiss francs and redeemable against the underlying Swiss franc reserve
Mint & redeem
VNX stablecoins (VCHF, VGBP) are minted upon confirmation of fiat funding of the segregated fiduciary account, and redeemed at par at any time per customer instruction. The flow supports two execution paths on the mint side (new issuance against new reserve, or proprietary-trade fill from VNX's liquidity pool) and two paths on the redeem side (direct cancellation against reserves, or buyback into the liquidity pool). An optional crypto-conversion leg is available on either side via VNX's external regulated provider. This page is the institutional-track summary; see Developer Track for sequence-level integration.
