๐ญ๐ฐ Hong Kong has officially issued its first stablecoin licenses, only two granted so far.
One goes to HSBC. The other goes to Anchorpoint Financial Limited, with a very interesting shareholder structure:
ยท Standard Chartered โ 51% (controlling stake)
ยท Animoca Brands โ 39% (Web3 powerhouse)
ยท Hong Kong Telecom (HKT) โ 10% (retail payment scenarios + telco-grade identity system)
Traditional banking + Web3 ecosystem + local payment infrastructure, a combination worth watching.