Standard Chartered Hong Kong: Will Announce Issuance of HKD Stablecoin HKDAP Within August and Sign Distributors
Source：
www.hk01.com
According to HK01, Nicole Huen, CEO of Standard Chartered Hong Kong, Greater China and North Asia, previewed that an announcement regarding the official launch of the HKD stablecoin HKDAP will be made within August, and distributors will also be signed. Its subsidiary AnchorX, as the stablecoin issuer, will not directly interface with end-users, but will instead distribute through designated approved distributors to its relevant enterprise and institutional client groups for application, including SMEs, traders, service providers, fund companies, and even individual users, for cross-border settlement, while other application scenarios also include tokenized assets.
