AnchorPoint to Launch Hong Kong Dollar Stablecoin HKDAP on Solana
Bloomingbit Newsroom
Summary
- The Hong Kong dollar stablecoin HKDAP will be introduced on the layer-1 blockchain Solana (SOL).
- HKDAP will be issued and redeemed directly on the Solana network and will support near-instant settlement.
- Solana said it expects HKDAP use cases to expand from retail payments to tokenized assets.
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Hong Kong dollar stablecoin HKDAP will be launched on the layer-1 blockchain Solana.
Solana said on its official X account on Oct. 30 that AnchorPoint will launch HKDAP on the network.
The partnership marks HKDAP’s first collaboration with a public blockchain network. HKDAP will be issued and redeemed directly on Solana, enabling near-instant settlement.
Solana expects HKDAP’s use cases to expand from retail payments to tokenized assets.
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