According to the official announcement from Standard Chartered Bank, Anchorpoint Financial Limited—a joint venture between Standard Chartered Bank, Hong Kong Telecom, and Animoca Brands—has been granted a stablecoin issuer license by the Hong Kong Monetary Authority (HKMA). Anchorpoint is one of the first two institutions in Hong Kong to receive this license and plans to launch regulated HKD stablecoin HKDAP (HKD At Par) in phases starting from Q2 this year. The institution will adopt a B2B2C model, making HKDAP accessible to the public through authorized distributors, with a focus on applications such as settlement and allocation of tokenized real-world assets (RWA) and cross-border capital flows. https://www.(wublock123.com)/news/standard-chartered-jv-gets-hong-kong-stablecoin-license-plans-hkd-stablecoin-q2-59394