# Animoca‑backed Anchorpoint is preparing to launch HKDAP, a regulated Hong Kong dollar stablecoin.

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

## Key points

- Anchorpoint secured one of Hong Kong's first stablecoin issuer licences under the new Stablecoins Ordinance.
- HKDAP will launch in Q2 2026, backed 1:1 by high-quality HKD-denominated reserves.
- The Stablecoins Ordinance mandates strict liquidity, segregated reserves, and ongoing public disclosures for issuers.
- Initial HKDAP rollout will target institutions, with phased expansion to retail use under HKMA oversight.
- A parallel regulated HKD stablecoin issuer linked to HSBC was authorised alongside Anchorpoint.

**Companies:** Standard Chartered Bank, Animoca Brands, Anchorpoint Financial Technology, HKT
**Countries:** Hong Kong

[Read the full story on Crypto News](https://crypto.news/animoca-backed-anchorpoint-to-launch-regulated-hkd-stablecoin-hkdap-in-hong-kong/)

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