Hong Kong stablecoin HKDAP plans native issuance on Solana for payments
Photo: The Cryptonomist
Under a new deal struck between the Solana Foundation and Standard Chartered-backed Anchorpoint Financial , a Hong Kong dollar stablecoin is preparing to expand onto the Solana network. Revealed on October 30, 2026, the partnership’s plans call for HKDAP to be issued and redeemed directly on the blockchain, enabling retail payments and settlement of tokenized assets as Anchorpoint moves to extend its reach beyond strictly institutional clients. Key takeaways Anchorpoint and the Solana Foundation plan native HKDAP issuance and redemption. Anchorpoint holds Hong Kong’s FRS01 stablecoin issuer license.
Source: The Cryptonomist
