Standard Chartered supports Anchorpoint to introduce Hong Kong’s $HKDAP stablecoin into Solana
SolanaFloor
4h ago
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Hong Kong-licensed stablecoin issuers Anchorpoint Financial and Solana Foundation have reached a strategic partnership, planning to expand the Hong Kong dollar stablecoin $HKDAP to Solana, supporting native minting and redemption, and targeting retail payments, tokenized assets, and cross-border capital flows.
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The proposed integration will enable the Hong Kong dollar stablecoin to be natively minted and redeemed on Solana. Target applications include retail payments, tokenized assets, and cross-border capital flows.

Anchorpoint Financial is a licensed stablecoin issuer in Hong Kong, supported by Standard Chartered Bank, HKT, and Animoca Brands. The company has reached a strategic partnership with Solana Foundation and plans to launch its Hong Kong dollar stablecoin. $ HKDAP Expand to Solana.

This collaboration marks the first time that Anchorpoint has established a partnership with a public blockchain foundation. The cooperation will support $ HKDAP Native minting and redemption on Solana, with nearly instant settlement, aimed at serving retail payments, tokenized RWA transactions, and other high-frequency financial applications.

This integration will also provide international users and institutions with a regulated pathway to access Hong Kong dollar-denominated payments, financial products, and tokenized assets through the global ecosystem of Solana.

Anchorpoint and Solana Foundation plan to collaborate with corporate partners, wallets, applications, and developers to expand $ HKDAP And the accessibility of products built around that stablecoin.

Anchorpoint Chief Executive Officer and Co-Founder Dominic Maffei stated:

"We are building an open network aimed at connecting various ecosystems, rather than separating them. Our collaboration with Solana Foundation embodies this philosophy by combining a regulated tokenized currency infrastructure with one of the world's leading public blockchain ecosystems. As we continue to expand the HKDAP ecosystem, our focus remains on achieving interconnectivity among the network, participants, and the market. By building an open infrastructure, we can create more opportunities for our partners while supporting broader access to regulated Hong Kong dollar digital currencies."

$ HKDAP The goal is to achieve broader adoption beyond institutional payments.

Anchorpoint will be launched in August. $ HKDAPPreviously, on April 10, 2026, the Hong Kong Monetary Authority ( HKMA ) decided to issue stablecoin licenses to Standard Chartered Bank and Anchorpoint.

The initial focus of the launch was to carry out institutional payments and settlements through the Beta Access plan. HashKey and OSL currently serve as authorized distribution partners. However, during the Beta Access phase,$ HKDAP Still limited to Ethereum. The planned integration of Solana will expand its range of availability to another public blockchain.

Anchorpoint The goal is to achieve full launch by the end of 2026, provided that issuance, distribution, custody, and other supporting infrastructure are ready. After the full launch, retail users and other participants will be able to access, hold, and use it through authorized distributors and ecosystem partners. $ HKDAPMandatory requirements:

Solana Foundation APAC is in charge of Lu Yin indicates:

Stablecoins play an important role in bringing digital assets into everyday financial activities. With fast settlement and access to global wallet and application ecosystems, on Solana, $ HKDAP There is potential to make the digital value denominated in Hong Kong dollars more accessible and useful in a wider range of real-world application scenarios. Such measures help to bridge the gap between the speed, accessibility, and scale required by regulated financial infrastructure and the next generation of digital financial services.

The transparency dashboard for Anchorpoint shows that currently... $ HKDAP The circulating supply is 103.1 million coins.

Solana joins the tokenization currency plan of Anchorpoint

In addition to blockchain integration, Solana Foundation will also join PwC Hong Kong as a strategic partner in the tokenization currency adoption plan (TAP) of Anchorpoint.

This collaboration is built on the growing involvement of Solana in Hong Kong. The foundation has recently joined the Attract Strategic Enterprises Office (OASES) program and plans to establish a local entity in Hong Kong.

According to rwa.xyz data, Solana currently supports approximately $5.18 billion in tokenized real-world assets, as well as over 851,000 RWA holders, providing an existing ecosystem for the integration in this plan.

In the past 30 days, this network also ranked first in terms of net RWA inflows, reaching 914 million US dollars.

Solana Expands Its Presence in Asia

$ HKDAP The integration is one of a series of advancements by Solana in expanding its influence in that region. On October 13th, Pando Finance launched Pando Solana ETF ( HKEX : 02831), becoming the second spot Solana ETF in Hong Kong. A day later, Solana Foundation opened an office in Shanghai, marking an important step in its expansion into mainland China.

As a regulated Hong Kong dollar stablecoin prepares to enter its ecosystem, Solana continues to deepen its connections with the region's traditional financial infrastructure and digital asset markets.

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