Standard Chartered-backed Anchorpoint partners with Solana for HKDAP expansion

Standard Chartered-backed Anchorpoint Financial has partnered with the Solana Foundation to bring its regulated Hong Kong dollar stablecoin, HKDAP, to the Solana blockchain as it prepares to make the token available to retail users. Summary Standard Chartered backed Anchorpoint has partnered with the Solana Foundation to bring its regulated Hong Kong dollar stablecoin, HKDAP, to the Solana blockchain. The collaboration will focus on enabling native minting and redemption of HKDAP on Solana, with plans to support retail payments, tokenized asset trading and other transactions requiring fast settlement. Anchorpoint plans to work with Solana’s network of wallets, applications and corporate partners to make HKDAP accessible to more users, although a launch date has not been announced. Solana Foundation will join Anchorpoint’s Tokenised Money Adoption Programme as a strategic partner, following PwC’s participation in the initiative. Anchorpoint received its stablecoin issuer license from the Hong Kong Monetary Authority in April 2026 and has been developing HKDAP for institutional payments and tokenized financial services. According to an October 30 announcement, the collaboration will ...