OSL(@osldotcom):OSL Group and Anchorpoint have completed test transfers of HKDAP, the first regulated Hong Kong Dollar-backed stablecoin, on Ethereum Mainnet. The test covered HKD fiat funding, reserve backing, minting, transfer, and full redemption, supported by @StanChart’s banking infrastructure and institutional trust services. This marks a key step toward secure fiat-to-digital gateways, cross-border payments, and tokenised financial use cases in Hong Kong.

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OSL@osldotcom

2026.05.13 09:49

OSL Group and Anchorpoint have completed test transfers of HKDAP, the first regulated Hong Kong Dollar-backed stablecoin, on Ethereum Mainnet. The test covered HKD fiat funding, reserve backing, minting, transfer, and full redemption, supported by @StanChart’s banking infrastructure and institutional trust services. This marks a key step toward secure fiat-to-digital gateways, cross-border payments, and tokenised financial use cases in Hong Kong.