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HSBC rolls out its first stablecoin to over 3 million everyday app users

CoinDesk·October 23, 2026·1 min read
HSBC rolls out its first stablecoin to over 3 million everyday app users

HSBC rolled out its first stablecoin to over 3 million everyday app users. HSBC and Standard Chartered-led Anchorpoint received Hong Kong's first stablecoin issuer licenses in April, and Anchorpoint began rolling out HKDAP in August, marking a major banking entry into digital assets.

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