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Standard Chartered Becomes First Bank to Distribute Hong Kong’s HKDAP Stablecoin

Standard Chartered Becomes First Bank to Distribute Hong Kong’s HKDAP Stablecoin

Daily Feed

Standard Chartered Hong Kong has become the first bank authorized to distribute HKDAP, Hong Kong’s regulated HKD-backed stablecoin from Anchorpoint Financial. The move signals Hong Kong’s push to turn tokenized money into real financial plumbing, starting with a tightly controlled institutional rollout.

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