Standard Chartered's Anchorpoint Launches HKD Stablecoin in Hong Kong

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Anchorpoint, a stablecoin initiative led by Standard Chartered, has launched a Hong Kong dollar-pegged stablecoin called HKDAP. The token is designed to serve institutional and professional investors in the Hong Kong market. HashKey Exchange and OSL Group have been designated as authorized distributors for the new digital asset. Through these platforms, eligible investors can mint and redeem HKDAP tokens as needed.

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