Mexican Peso Tether (MXNT) stablecoin analytics
Answer First
What is Mexican Peso Tether (MXNT)?
MXNT is Tether's peso token backed by its shared fiat-token reserve pool, redeemable by verified clients above a large minimum. The static profile records its Mexican Peso peg mechanism as: Verified Tether clients may mint and redeem at one Mexican peso per MXNT less fees. The USD 100,000-equivalent minimum and fee floor restrict access; timing and capacity are not guaranteed.
Is MXNT safe?
Pharos does not mark MXNT as absolutely safe. Static metadata says Mexican Peso Tether uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from BDO Advisory Services S.r.l.; ISAE 3000 (Revised) reasonable assurance of aggregate fiat-token assets and liabilities, not dedicated MXNT reserves; 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
Mexican Peso Tether (MXNT) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Mexican Peso.
AI summary / Updated Oct 2, 2026
Mexican Peso Tether offers verified clients a contractual peso redemption claim on the issuer's shared fiat-token reserve book. BDO's quarterly reasonable-assurance report reconciles that aggregate book, which includes credit and market assets alongside Treasury instruments, but does not establish a dedicated MXNT allocation or custodian roster. Ethereum minting, blocked-balance destruction and upgrades are controlled by a legacy three-of-six wallet whose signer independence is unverified.
- Collateral
- Tether's shared reserves for fiat-denominated tokens include Treasuries, reverse repos, bank cash, gold, bitcoin, secured loans, equities and other investments; no dedicated MXNT allocation is disclosed.
- Peg Mechanism
- Verified Tether clients may mint and redeem at one Mexican peso per MXNT less fees. The USD 100,000-equivalent minimum and fee floor restrict access; timing and capacity are not guaranteed.
- Jurisdiction
- El Salvador
- Proof Of Reserves
- Independent Audit by BDO Advisory Services S.r.l.; ISAE 3000 (Revised) reasonable assurance of aggregate fiat-token assets and liabilities, not dedicated MXNT reserves Reserve source
- Contracts
- 1 deployment tracked across Ethereum.
Next Actions
Exact bot target: /subscribe dews,depeg,safety mxnt-tether
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 Oct 2, 2026.
MXNT quick answers
What is Mexican Peso Tether (MXNT)?
MXNT is Tether's peso token backed by its shared fiat-token reserve pool, redeemable by verified clients above a large minimum. The static profile records its Mexican Peso peg mechanism as: Verified Tether clients may mint and redeem at one Mexican peso per MXNT less fees. The USD 100,000-equivalent minimum and fee floor restrict access; timing and capacity are not guaranteed.
Is MXNT safe?
Pharos does not mark MXNT as absolutely safe. Static metadata says Mexican Peso Tether uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from BDO Advisory Services S.r.l.; ISAE 3000 (Revised) reasonable assurance of aggregate fiat-token assets and liabilities, not dedicated MXNT reserves; 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 MXNT?
Pharos classifies MXNT backing as Real-World Asset Backed. Collateral, per the static profile: Tether's shared reserves for fiat-denominated tokens include Treasuries, reverse repos, bank cash, gold, bitcoin, secured loans, equities and other investments; no dedicated MXNT allocation is disclosed. Reserve evidence: Independent Audit from BDO Advisory Services S.r.l.; ISAE 3000 (Revised) reasonable assurance of aggregate fiat-token assets and liabilities, not dedicated MXNT reserves.
Can MXNT 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 MXNT, when applicable, appear in the dossier below.
