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Anchorpoint Plans to Bring Hong Kong Dollar Stablecoin HKDAP to Solana

Anchorpoint Plans to Bring Hong Kong Dollar Stablecoin HKDAP to Solana

Photo: TokenPost

Anchorpoint Financial plans to expand its Hong Kong dollar-backed stablecoin HKDAP to Solana, a proposed move that would add the network to the token’s current Ethereum-only beta and support payment and asset-trading uses. The collaboration with the Solana Foundation, announced Oct. 30, would enable native issuance and redemption on Solana. Anchorpoint’s proposed uses include retail payments, tokenized real-world asset trading and other high-volume transactions, with near-instant settlement. The companies have not announced a launch date or published a Solana contract address.

Also reported by CoinTurk News, The Defiant.

Source: TokenPost

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