AnchorPoint to Launch Hong Kong Dollar Stablecoin HKDAP on Solana
Uk Jin
Summary
- The Hong Kong dollar stablecoin HKDAP will be introduced on the layer-1 blockchain Solana (SOL).
- The partnership marks HKDAP’s first collaboration with a public blockchain network.
- HKDAP will be issued and redeemed directly on the Solana network, and its use cases are expected to expand from retail payments to tokenized assets.
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Hong Kong dollar stablecoin HKDAP is set to launch on layer-1 blockchain Solana.
Solana said on its official X account on October 30 that AnchorPoint will introduce 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, supporting near-instant settlement.
Solana expects HKDAP’s use cases to expand from retail payments to tokenized assets.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.