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LIVE DESK·Global markets desk·Last updated 14s ago
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Standard Chartered launches Hong Kong dollar stablecoin distribution

The bank will make Anchorpoint's HKDAP available to eligible clients and partners.

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Marcus Webb · Crypto Desk · 24 Aug 2026 · 14:47 · 1 min read
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Standard Chartered launches Hong Kong dollar stablecoin distribution

Standard Chartered has announced it will distribute Anchorpoint's Hong Kong dollar stablecoin, HKDAP, to eligible clients and partners. The London-based multinational bank, with $850 billion in assets, did not provide further details on the rollout timeline or specific client eligibility criteria.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Marcus Webb
Crypto Desk

Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.

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