Anchorpoint, a Hong Kong-licensed stablecoin issuer formed as a joint venture by Standard Chartered, HKT, and Animoca Brands, will bring its Hong Kong dollar stablecoin HKDAP to the Solana blockchain. This marks HKDAP's first collaboration with a public blockchain, enabling native minting and redemption on Solana for use cases ranging from retail payments to tokenized assets.
The partnership is formalized through a Memorandum of Understanding that establishes a regulated channel for global capital to access HKD-denominated payments, products, and tokenized assets. Additionally, the Solana Foundation has joined Anchorpoint's Tokenised Money Adoption Programme as a strategic partner alongside PwC.
Anchorpoint to Launch HKD Stablecoin HKDAP on Solana with Native Minting and Redemption
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