Dingdian Financial Technology Plan launches Hong Kong dollar support for stablecoin HKDAP in Q2 of this year

Animoca Brands announced on X platform that Dingdian Financial Technology, jointly founded by Standard Chartered Bank, HKT, and Animoca Brands, will launch the regulated Hong Kong dollar supported stablecoin HKDAP in phases in the second quarter of this year. Evan Auyang, the CEO of the group, stated that properly governed Hong Kong dollars supporting stablecoins are crucial for Hong Kong's financial infrastructure.