# HSBC plans to launch a Hong Kong dollar-pegged stablecoin in the second half of 2026.

*fintech · news · 2026-04-10 · Crypto Breaking News*

## Key points

- Hong Kong approved its first stablecoin licences, selecting only two issuers from 36 applicants.
- HSBC will launch a Hong Kong dollar-pegged stablecoin for retail use in the second half of 2026.
- Anchorpoint Financial, backed by Standard Chartered, will initially target institutional clients with its stablecoin.
- The Hong Kong Monetary Authority will limit the number of stablecoin licences in the early stages.

**Companies:** HSBC, Standard Chartered, Anchorpoint Financial, Animoca Brands, Hong Kong Telecommunications
**Countries:** Hong Kong

[Read the full story on Crypto Breaking News](https://www.cryptobreaking.com/hong-kong-advances-digital-finance/)

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