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Standard Chartered Bank's Anchorpoint Officially Launches Phase 1 Issuance of HKD Stablecoin HKDAP

2026.08.12 - 12:21

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TechFlow News, August 12, according to The Block, Standard Chartered Bank's subsidiary Anchorpoint officially launched the first phase issuance of the HKD stablecoin HKDAP on Wednesday, opening test access to institutional distributors and professional investors. Anchorpoint was established as a joint venture by Standard Chartered Bank, HKT, and Animoca Brands, and received a stablecoin issuer license from the Hong Kong Monetary Authority (HKMA) this April, becoming one of the first licensed institutions.

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