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Standard Chartered-backed Anchorpoint partners with Solana for HKDAP expansion

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Standard Chartered-backed Anchorpoint Financial has partnered with the Solana Foundation to bring its regulated Hong Kong dollar stablecoin, HKDAP, to the Solana blockchain as it prepares to make the token available to retail users. Standard Chartered backed Anchorpoint has partnered with the Solana Foundation to bring its regulated Hong Kong dollar stablecoin, HKDAP, to the Solana blockchain. The collaboration will focus on enabling native minting and redemption of HKDAP on Solana, with plans to support retail payments, tokenized asset trading and other transactions requiring fast settlement.

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