[Ding Point Fintech to Launch HKD-Backed Stablecoin HKDAP in Phases Starting Q2 This Year] According to a report by Jinse Finance, Animoca Brands announced on the X platform that Ding Point Fintech, a joint venture co-founded by Standard Chartered Bank, HKT, and Animoca Brands, will begin phased implementation of the regulated HKD-backed stablecoin HKDAP (HKD At Par) starting in the second quarter of this year. The group's president, Evan Auyang, stated that a properly governed HKD-backed stablecoin is critical to Hong Kong's financial infrastructure.