Anchorpoint Collaborates with Standard Chartered and HKT to Unveil HKDAP, a Backed Hong Kong Dollar Stablecoin

Anchorpoint Financial Technology, in partnership with Standard Chartered Bank (Hong Kong) and HKT, is set to introduce HKDAP (HKD At Par), a regulated Hong Kong dollar stablecoin, following the acquisition of a stablecoin issuer permit from the Hong Kong Monetary Authority (HKMA). Scheduled for a phased release beginning in the second quarter of 2026, HKDAP will be anchored 1:1 with top-quality HKD assets in compliance with Hong Kong’s recently enacted Stablecoins Ordinance. This initiative reflects Hong Kong’s ambition to establish bank-grade fiat tokens as essential components of its financial infrastructure. Anchorpoint, recognized as one of Hong Kong’s premier authorized issuers…