Solana Adds Hong Kong Dollar Stablecoin HKDAP for Payments and Tokenized Assets

HIGHLIGHTS Anchorpoint plans HKDAP issuance and redemption on Solana, supporting Hong Kong dollar payments and settlement. HKDAP currently operates on Ethereum for institutional users, while Anchorpoint prepares to introduce retail access. Solana Foundation joins Anchorpoint’s tokenized money program alongside PwC to support regulated stablecoin development efforts. Solana has partnered with Anchorpoint to bring Hong Kong dollar stablecoin HKDAP onto its blockchain. Through the partnership, Anchorpoint plans native issuance and redemption to support retail payments and tokenized asset transactions. Solana to Support Native HKDAP Stablecoin Issuance On October 30, Anchorpoint announced the partnership as its first public blockchain foundation collaboration.
You are reading an excerpt. CoinGape wrote and owns the full article.
Continue reading at coingape.com










