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Animoca‑backed Anchorpoint is preparing to launch HKDAP, a regulated Hong Kong dollar stablecoin.
Anchorpoint secured one of Hong Kong's first stablecoin issuer licences under the new Stablecoins Ordinance.
KEY POINTS
- 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.
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