Standard Chartered Brings Its HK Dollar Token to Solana
Photo: Pixabay (illustration)
Anchorpoint plans to mint and redeem its HK dollar token (HKDAP) directly on Solana. The Solana version has no launch date or official token address yet. HKDAP circulation rose sharply in the days before the announcement. HSBC is taking a different route to Hong Kong dollar stablecoin users. Anchorpoint Financial, the Standard Chartered-backed company that holds licence FRS01 as one of Hong Kong’s first two licensed stablecoin issuers , signed a memorandum of understanding with the Solana Foundation on October 30 to issue and redeem HKDAP, its HK dollar token, natively on Solana The Hong Kong dollar stablecoin has run…
Source: Crypto News Flash
