Bank & market adoption
Standard Chartered-led Anchorpoint plans to bring HKDAP stablecoin to Solana
APACSource: Anchorpoint Financial
AI-generated image- Anchorpoint Financial, the HKMA-licensed stablecoin issuer that is a subsidiary of Standard Chartered Bank (Hong Kong), announced on 30 October 2026 a strategic collaboration with Solana Foundation to expand its Hong Kong dollar stablecoin HKDAP to Solana, planning native minting and redemption on the Solana blockchain to support retail, payment, tokenised RWA trading and other high-volume use cases.
- Solana Foundation will also join Anchorpoint's Tokenised Money Adoption Programme (TAP) as a strategic partner, following the recent addition of PwC; Anchorpoint describes it as its first collaboration with a public blockchain foundation.
Why it matters
A bank-controlled licensed HKD stablecoin issuer is planning to extend issuance and redemption to a second public blockchain aimed at retail and high-velocity use, which shows bank-led issuers designing for multi-chain distribution rather than a single network.
Read the original: Anchorpoint Financial ↗
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More detail
Who is affected
Anchorpoint's corporate partners and consumer applications, Solana-based wallets, applications and developers, and participants in Anchorpoint's Tokenised Money Adoption Programme.
Key dates
- Anchorpoint announces strategic collaboration with Solana Foundation
What remains uncertain
- The release describes planned support ("plans to support", "explore to expand") and gives no launch date for HKDAP on Solana.
Adoption status
- AnnouncedStandard Chartered (Anchorpoint Financial, with HKT and Animoca Brands)HKDAP native minting and redemption on Solana (planned, collaboration with Solana Foundation)
Key facts
- Event
- Partnership announcement
- Jurisdiction
- APAC
- Source
- Anchorpoint Financial (Standard Chartered Bank (Hong Kong) subsidiary)
- Source tier
- Tier 2 · Bank / FMI
- Product
- Stablecoin issuance
- Regulation
- HK Stablecoins Ordinance
In the database
Institutions
How we verified this
The source says
“Through the collaboration, Anchorpoint plans to support the native minting and redemption of HKDAP on the Solana blockchain, with near-instant settlement speed.”
“Solana Foundation will also join Anchorpoint’s Tokenised Money Adoption Programme (TAP) as a strategic partner, following the recent addition of PwC.”
“This is intended to support retail and other high-velocity use cases for HKDAP, leveraging Solana's ecosystem of wallets partners, applications and developers.”
Verbatim from Anchorpoint Financial (Standard Chartered Bank (Hong Kong) subsidiary), matched word for word against the live page on 3 November 2026.
Sources
- Official institutionalAnchorpoint Financial (Standard Chartered Bank (Hong Kong) subsidiary) ↗2026-10-30T2Bank / FMI
Evidence
- Confidence
- Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
- Quote verified
- 2026-11-03 07:00 UTC
- Archived snapshot
- SHA-256
75b101a23cb68c54…· fetched 2026-11-02 · Wayback Machine copy ↗ - Source type
- Official institutional Anchorpoint Financial (Standard Chartered Bank (Hong Kong) subsidiary) ↗
Change log (1)
- 2026-11-02 Published
AI-assisted: the summary and analysis were drafted with AI from the primary source and checked by the editors. AI-drafted from the primary source; quote string-matched against the live source page.
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