[Anchorpoint Fintech, led by Standard Chartered, expected to launch HKDAP Hong Kong Dollar Stablecoin as early as this month] According to Hong Kong's *Hong Kong Economic Journal*, citing sources familiar with the matter, Anchorpoint Fintech, established under the leadership of Standard Chartered Bank (Hong Kong), is expected to announce the launch of a stablecoin as early as the end of this month. Anchorpoint plans to introduce HKDAP, a stablecoin pegged to the Hong Kong Dollar. Virtual asset trading platforms, including OSL Group and HashKey Exchange, will serve as distributors. An Anchorpoint spokesperson told the *Hong Kong Economic Journal* that preparations for the phased issuance of the regulated Hong Kong Dollar-pegged stablecoin HKDAP are progressing as planned, and updates will be announced in due course.