[HKDAP Hong Kong Dollar Stablecoin Completes Transfer Test on Ethereum Chain] Odaily Planet Daily News: Hong Kong stablecoin issuer Red Dot Finance, jointly established by Standard Chartered Hong Kong, Hong Kong Telecom, and Animoca Brands, announced that it has completed the transfer test of the Hong Kong Dollar stablecoin HKDAP on the Ethereum chain. The test covered the process of converting fiat Hong Kong Dollar funds into reserve assets. All HKDAP were fully redeemed after the transfer test was completed. It is expected that HKDAP will be issued in phases later this year. (Hong Kong Economic Times)