Anchorpoint Financial's HKDAP Hong Kong Dollar Stablecoin Progress Under Standard Chartered
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Anchorpoint Financial, a licensed stablecoin issuer in Hong Kong under Standard Chartered Bank, launched the Hong Kong dollar stablecoin HKDAP in August 2026 and began its first phase of development. According to a report on 26 October 2026, Anchorpoint Financial said HKDAP has had 6 distributors since launch and has made nearly 10 applications, covering trade finance, treasury management, payments and investment; investment applications include subscription and redemption of Hong Kong dollar tokenised money market funds.
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- 明報·每日經濟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.
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