ACHF, issued by Anchored Coins AG, is a fiat-backed stablecoin that tracks the value of the Swiss franc (CHF) and is governed by the binding Token Terms set out in the issuer's published stablecoin whitepaper. [S1]

Each ACHF token references the Swiss franc (CHF), and the issuer publishes a stablecoin whitepaper dated March 2, 2024 that, per its structure, contains the binding Token Terms governing backing, redemption, and economic mechanics for the CHF-pegged product line. [S1] The specific peg ratio, reserve composition, attestation cadence, and fees borne by the holder are set out in those Token Terms, which on this research pass could not be machine-extracted from the issuer's own pages.

ACHF is published under the Anchored Coins brand by Anchored Coins AG, the entity named across the issuer's materials, with a CHF-pegged token line addressed by a dedicated route on the issuer site. [S1] The whitepaper hosted on the issuer's own static domain is the primary disclosure document and contains the Token Terms defining the legal form of the holder's claim, eligibility and offering restrictions, redemption rights, and any custodial protection for tokenholders. [S1] Those specifics are governed exclusively by the whitepaper and Token Terms.

The whitepaper and Token Terms govern the token standard, supported blockchain networks, and the mint, redeem, and settlement mechanics for ACHF. [S1] The issuer documents the product as issued onchain under the Anchored Coins brand, with the binding technical parameters set out in the primary disclosure document published on the issuer's own static domain. [S1]

<Sources
  retrievedAt="2026-06-22"
  items={[
    { id: "S1", url: "https://static.anchoredcoins.com/static/cloud/anchoredcoins/static/images/admin_mgs_image_upload/whitepaper_for_launch.pdf" },
  ]}
/>


# Asset senders (weekly) methodology

## 1. Overview

`Asset senders (weekly)` is defined as the number of unique addresses that initiate asset transfers over a rolling 7-day period. For each tracked asset, outgoing transactions are analyzed to identify the addresses responsible for moving tokens. This metric is utilized as a key indicator of weekly user activity and transactional engagement for tokenized assets across various blockchain networks. By aggregating unique sending addresses within a moving 7-day window, short-term fluctuations are smoothed out to provide a clearer view of active adoption.

## 2. Data sources

- **EVM chain events**: ERC-20 token transfers, covering EVM-compatible chains (Ethereum, Arbitrum, Base, Polygon, Optimism, and others)
- **Solana instructions**: Token transfer instructions
- **Other blockchain data**: Token transfer and withdrawal events from Aptos, Near, Polkadot Asset Hub, Stellar, Sui, Ripple, and others
- **Asset metadata**: Token contract addresses and asset mapping datasets

## 3. Step-by-step calculation

### Component A: Extraction of daily sending addresses

- **Purpose**: Identify and extract unique addresses initiating token transfers on a daily basis for each asset.
- **Logic**: On EVM-compatible chains, sending addresses are extracted from ERC-20 token transfers where the sender address is not the null address. On Solana, sending addresses are identified from token transfer instructions using the authority address. On Aptos, Sui, Cardano, and Stellar Classic, sending addresses are retrieved from token withdrawal events. On Stellar Soroban, transfers are parsed from Soroban token transfer events, excluding mint transactions where the sender address is null. On Polkadot Asset Hub, `Transferred` events from the `assets` pallet are parsed to identify the sender. On Ripple, outgoing transfers are identified where the transaction value is negative. On Near and Injective, sending addresses are extracted from token transfer events where the sender address is populated.
- **Key fields**: `timestamp` (block time truncated to the day), `token_address` (the contract or asset identifier), `sender_address` (the address initiating the transfer)

### Component B: Rolling 7-day window aggregation

- **Purpose**: Aggregate daily active senders into a rolling 7-day window to calculate weekly activity.
- **Logic**: A daily datespine is generated to establish a continuous timeline. For each day in the timeline, a rolling 7-day window is constructed by looking back at the preceding six days. Daily unique sending addresses are mapped to each active window based on their transaction timestamps.
- **Key fields**: `timestamp` (the reference day for the rolling window), `token_address` (the asset identifier), `sender_address` (the address active within the window)

### Component C: Final deduplication and aggregation

- **Purpose**: Calculate the final weekly unique sender count per asset and chain.
- **Logic**: Within each rolling 7-day window, sending addresses are deduplicated to ensure each unique address is counted only once per asset, regardless of transaction frequency. The deduplicated counts are aggregated at both the individual chain level and the global asset level. Missing dates are filled with zero values to maintain a continuous time series.
- **Key fields**: `timestamp` (the reference day), `chain_id` (the blockchain identifier), `token_address` (the asset contract address), `asset_senders_weekly` (the count of unique weekly sending addresses)

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Unique asset senders over a rolling 7-day window.

Asset senders (weekly)

Stablecoins

Anchored Coins maintains full fiat reserves in regulated financial institutions. Users can mint stablecoins by depositing the corresponding fiat currency and redeem tokens for fiat through the platform.

Anchored Coins is a Swiss-based fintech company that issues fiat-backed stablecoins pegged to major currencies including the Euro (AEUR) and Swiss Franc (ACHF).

Anchored Coins AG is a regulated financial services provider based in Switzerland.

website

Stablecoin issuers

Anchored Coins

Anchored Coins ACHF (ACHF) is a Swiss Franc stablecoin issued by Anchored Coins through Anchored Coins AG.

Each token is redeemable one-for-one for Swiss Franc and is a direct claim on the issuer.

Retail investors and institutions can mint and redeem directly with Anchored Coins in CHF after completing KYC, and holders have a contractual right to redeem at par.

Anchored Coins AG is incorporated in Switzerland, is supervised under Swiss financial market law, and is supervised by VQF Verein zur Qualitätssicherung von Finanzdienstleistungen.

Holder terms are governed by the law of Switzerland.

ACHF has been issued on public blockchains since August 2023 and is native to Ethereum and BNB Chain.

Anchored Coins ACHFACHF