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    Standard Chartered picked as first bank to distribute Hong Kong stablecoin HKDAP

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    FEED DeFi Coinness August 25, 2026 8:46 am 2 views

    Standard Chartered has been selected as the first financial institution to distribute HKDAP, a Hong Kong dollar-pegged stablecoin, Crypto Briefing reported. HKDAP is the first regulated stablecoin to be issued under Hong Kong’s new stablecoin licensing regime, with SC-backed AnchorPoint Financial participating in the issuance. Access to HKDAP is currently limited to institutional and corporate clients.

    Source: Coinness

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