Real MXN (MXNe) stablecoin analytics
MXNe is Brale's Mexican peso stablecoin issued in partnership with Etherfuse, backed by Etherfuse Stablebonds (CETES exposure) on Base, Solana, and Stellar.
Static Profile
Static stablecoin profile
Real MXN (MXNe) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Mexican Peso.
AI summary / Updated May 15, 2026
Brale + Etherfuse MXN peso payment token on Base, Solana, and Stellar with issuer redemption; Base proxy-owner control flagged by CoinGecko and no public live reserve feed. MXNe is a Mexican peso token associated with Brale and Etherfuse, with CoinGecko price coverage and...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Backed by Etherfuse CETES Stablebonds — short-duration (~7-day) Mexican federal government Treasury bills (CETES), held across regulated Mexican custodians with a majority at BBVA Mexico and held through INDEVAL; reserves segregated from Etherfuse corporate funds, issued via Brale's regulated US stack
- Peg Mechanism
- Issuer-managed mint and redemption through Brale onboarding, with MXNe intended to remain redeemable 1:1 for the equivalent value of Mexican pesos and usable for payments, remittances, and payroll
- Jurisdiction
- United States / FinCEN / state money transmitter regulators / Money Services Business / Money Transmitter, NMLS ID #2376957
- Proof Of Reserves
- Independent Audit by Etherfuse third-party attestations (BHR Mexico) covering the CETES Stablebonds backing MXNe Reserve source
Snippet Answer
Is MXNe safe?
Pharos does not mark MXNe as absolutely safe. Static metadata says Real MXN uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Etherfuse third-party attestations (BHR Mexico) covering the CETES Stablebonds backing MXNe; 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.
Next Actions
Exact bot target: /subscribe dews,depeg,safety mxne-real-mxn
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 May 15, 2026.
MXNe quick answers
What is Real MXN (MXNe)?
MXNe is Brale's Mexican peso stablecoin issued in partnership with Etherfuse, backed by Etherfuse Stablebonds (CETES exposure) on Base, Solana, and Stellar. The static profile records its Mexican Peso peg mechanism as: Issuer-managed mint and redemption through Brale onboarding, with MXNe intended to remain redeemable 1:1 for the equivalent value of Mexican pesos and usable for payments, remittances, and payroll
What backs MXNe?
Pharos classifies MXNe backing as Real-World Asset Backed. Collateral, per the static profile: Backed by Etherfuse CETES Stablebonds — short-duration (~7-day) Mexican federal government Treasury bills (CETES), held across regulated Mexican custodians with a majority at BBVA Mexico and held through INDEVAL; reserves segregated from... Reserve evidence: Independent Audit from Etherfuse third-party attestations (BHR Mexico) covering the CETES Stablebonds backing MXNe.
Can MXNe 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 MXNe, when applicable, appear in the dossier below.