08:29 AM EDT, 08/12/2026 (MT Newswires) -- Hong Kong-licensed stablecoin issuer Anchorpoint Financial launched the first phase of the rollout of its Hong Kong dollar-backed stablecoin, HKDAP, providing beta access to institutional distributors and professional investors. The stablecoin will enable initial distributors and users to begin integrating HKDAP into commercial applications, the company said Wednesday. Depending on market conditions, Anchorpoint Financial, a subsidiary of Standard Chartered's (STAN.L) Standard Chartered Bank (Hong Kong), is targeting broader retail adoption of the stablecoin as early as the end of 2026.

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