Standard Chartered-backed Anchorpoint partners with Solana for HKDAP expansion

Standard Chartered-backed Anchorpoint partners with Solana for HKDAP expansion

Standard Chartered-backed Anchorpoint Financial has partnered with the Solana Foundation to bring its regulated Hong Kong dollar stablecoin, HKDAP, to the Solana blockchain as it prepares to make the token available to retail users. According to an October 30 announcement,…

Solana To Host Hong Kong Dollar Stablecoin HKDAP

Solana is set to add a regulated Hong Kong dollar stablecoin to its ecosystem through a memorandum of understanding between the Solana Foundation and Anchorpoint Financial. The agreement will bring HKDAP, a Hong Kong dollar-backed stablecoin, to SOL for native issuance and redemption.

Standard Chartered Brings Its HK Dollar Token to Solana

Anchorpoint plans to mint and redeem its HK dollar token (HKDAP) directly on Solana. The Solana version has no launch date or official token address yet. HKDAP circulation rose sharply in the days before the announcement. HSBC is taking a different route to Hong Kong dollar stablecoin users. Anchorpoint Financial, the Standard Chartered-backed company that [...]

Solana Foundation partners with Anchorpoint to launch HKDAP stablecoin in Hong Kong

🚨 Solana Foundation and Anchorpoint launch HKDAP, a Hong Kong dollar stablecoin. 💸 HKDAP enables instant retail payments and asset tokenization via $SOL blockchain....

Anchorpoint Plans to Bring Hong Kong Dollar Stablecoin HKDAP to Solana

The proposed integration would support retail payments and tokenized real-world asset trading, but no Solana launch date has been set.