Andian Financial is about to announce the launch of the Hong Kong dollar stablecoin HKDAP

Anchorpoint, led by Standard Chartered Bank (Hong Kong), was one of the first two stablecoin issuer license holders approved by the Hong Kong Monetary Authority in April this year. Standard Chartered and Anchor Financial will issue a joint announcement as soon as the end of this month, that is, within the next two weeks, announcing the launch of the stablecoin HKDAP, which is pegged to the Hong Kong dollar. Previously, the Hong Kong Monetary Authority issued the first batch of stablecoin issuer licenses to Anchor Financial and HSBC in April this year.