Standard Chartered Venture Anchorpoint Begins Hong Kong Dollar Stablecoin Rollout

3-line summary

• Standard Chartered's joint venture Anchorpoint Financial began the first phase of rolling out its Hong Kong dollar-backed stablecoin, HKD At Par, offering limited access to institutional distributors and professional investors, according to a Reuters report via Yahoo Finance.
• Anchorpoint, a joint venture with Animoca Brands and Hong Kong Telecommunications, is targeting broader retail adoption as early as end-2026, following HKMA approval in April for HSBC and Anchorpoint to issue fiat-backed stablecoins.

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