UPDATED FRI 30 OCT · 14:16 UTCLIVE
CryptoMedium

HKDAP Hong Kong Dollar Stablecoin Launches on Solana

Anchorpoint is bringing HKDAP, the Hong Kong dollar stablecoin, natively to Solana in the network's first collaboration with a public blockchain — enabling near-instant retail payments and tokenized asset settlement.

What we know

Solana co-founder Toly reacted with crown emojis to the news that HKDAP will mint and redeem natively on Solana, settling near-instantly and reaching retail payments through to tokenized assets — @toly. This is Anchorpoint's first collaboration with a public network and marks a significant expansion of regulated stablecoin infrastructure on Solana.

Sources

@toly

“👑👑👑 — Anchorpoint brings HKDAP, the Hong Kong dollar stablecoin, to Solana; first collaboration with a public network”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.