Standard Chartered's Anchorpoint Financial HKD Stablecoin HKDAP Already Has 6 Distributors and Nearly 10 Applications

Anchorpoint Financial, a licensed stablecoin issuer in Hong Kong under Standard Chartered Bank, says that since launching the Hong Kong dollar stablecoin HKDAP in August and beginning its first phase of development, it now has 6 distributors and nearly 10 applications, covering trade finance, treasury management, payments and investment; the investment applications include subscribing for and redeeming Hong Kong dollar tokenised money market funds.