On the 24th, Standard Chartered Bank (Hong Kong) announced that it has started acting as a banking agent for the Hong Kong dollar-denominated stablecoin 'HKDAP', issued by AnchorPoint, marking the first such instance for a bank. HKDAP, short for 'HKD at Par', is a regulated stablecoin pegged to the Hong Kong dollar, issued by AnchorPoint. As an initial sales agent, the bank targets...
