Anchorpoint Launches HKDAP Stablecoin for Payments and Tokenized Assets in Hong Kong

Anchorpoint Financial launched HKDAP, a regulated stablecoin for institutional payments and tokenized asset settlement in Hong Kong. HashKey completed an HKDAP mint and redemption test on Ethereum, preparing for live distribution in August. The launch aligns with Hong Kong's stablecoin regulations, targeting cross-border payments and tokenized asset settlement in the region.