Huo Xing Cai Jing reports that Animoca Brands announced on X that its joint venture, AnchorPoint FinTech, established by Standard Chartered Bank, HKT, and Animoca Brands, will gradually roll out the regulated Hong Kong dollar-backed stablecoin HKDAP (HKD At Par) starting in the second quarter of this year. Evan Auyang, President of the group, stated that a properly governed Hong Kong dollar-backed stablecoin is essential to Hong Kong’s financial infrastructure.
HKDAP Stablecoin to Launch in Q2 2026 by Dingdian Financial
MarsBitShare
Summary
Token launch news: Dingdian Financial, a joint venture of Standard Chartered, HKT, and Animoca Brands, will roll out the regulated, HKD-backed stablecoin HKDAP in phases beginning in Q2 2026. Company president Evan Auyang emphasized the need for a well-governed stablecoin to support Hong Kong’s financial infrastructure. Crypto news outlets such as MarsBit reported the update.
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