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Animoca Plans HKD Stablecoin With Major HK Partners - The Market Periodical

Key Insights Animoca Brands partners with major financial giants to launch a HKD-pegged stablecoin. The stablecoin will enhance cross-border trade and financial settlements in the Web3 ecosystem. Hong Kong’s regulatory framework for stablecoins sets the stage for global adoption. Animoca Brands planned to launch a Hong Kong dollar-pegged stablecoin in partnership with leading institutions, including Standard Chartered Bank and Hong Kong Telecom…
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The Market Periodical broke the news in on Monday, June 23, 2025.
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