Anchorpoint to Expand HKDAP Stablecoin to the Solana Network

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On October 30 (UTC+8), Anchorpoint announced it will expand its HKDAP stablecoin to the Solana network through a partnership with the Solana Foundation. This initiative enables native minting and redemption of the Hong Kong dollar-pegged stablecoin on Solana, aiming to accelerate real-world asset (RWA) adoption and high-frequency use cases such as retail payments. The Solana Foundation will join Anchorpoint’s Tokenized Asset Program as a strategic partner. Launched in February 2025 by Standard Chartered Bank (Hong Kong), Hong Kong Telecom, and Animoca Brands, Anchorpoint received Hong Kong’s first stablecoin license in April 2026. The expansion supports ongoing network upgrades to enhance cross-border utility.

ME News reports that on October 30 (UTC+8), Hong Kong-licensed stablecoin issuer Anchorpoint entered into a strategic partnership with the Solana Foundation to support the native minting and redemption of the Hong Kong dollar stablecoin HKDAP on Solana, enabling high-frequency use cases such as retail payments and tokenized RWA trading, while leveraging Solana’s global ecosystem to expand the international accessibility of the Hong Kong dollar. The Solana Foundation will also join Anchorpoint’s Tokenized Asset Program (TAP) as a strategic partner, following PwC’s earlier participation in the program.
Anchorpoint was jointly established in February 2025 by Standard Chartered (Hong Kong), Hong Kong Telecom, and Animoca Brands, as a subsidiary of Standard Chartered (Hong Kong), and received one of Hong Kong’s first stablecoin issuer licenses from the Hong Kong Monetary Authority in April 2026. (Source: Foresight News)

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