Cryptic(@Cryptic_Web3):🇭🇰NEW: Hong Kong now has its first regulated HKD stablecoin. @StanChart, HKT, and @animocabrands have launched HKDAP, fully backed 1:1 by Hong Kong dollar reserves. HKDAP starts with institutional use cases, including trading and settlement, before expanding toward retail access in Q4 2026. With only two stablecoin licences issued by the HKMA so far, the launch puts HKD stablecoins firmly on Hong Kong's financial map.

Cryptic

@Cryptic_Web3

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Cryptic@Cryptic_Web3

2026.08.13 17:02

🇭🇰NEW: Hong Kong now has its first regulated HKD stablecoin. @StanChart, HKT, and @animocabrands have launched HKDAP, fully backed 1:1 by Hong Kong dollar reserves. HKDAP starts with institutional use cases, including trading and settlement, before expanding toward retail access in Q4 2026. With only two stablecoin licences issued by the HKMA so far, the launch puts HKD stablecoins firmly on Hong Kong's financial map.