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Deployments · platform by Anchorpoint Financial

Anchorpoint HKDAP Hong Kong dollar stablecoinUpdated 8 Nov 2026

A Hong Kong dollar stablecoin issued by Anchorpoint Financial, a Standard Chartered Hong Kong subsidiary set up with HKT and Animoca Brands, under one of the first two HKMA stablecoin issuer licences. Fully backed by HKD reserves in segregated accounts, it began a phased rollout to institutions, corporates and professional investors in August 2026 through authorised distributors, with retail access expected later. Initial focus is cross-border payments and settlement of tokenised real-world assets.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Live (limited) since 12 Aug 2026[3] — Professional and institutional investors only; no supply figure found. · Reviewed 21d ago

Assets
Stablecoin[1]
HKD stablecoin licensed under Hong Kong's Stablecoins Ordinance
Networks
Ethereum Public, permissionless[3]
Test transfers in May 2026 ran on Ethereum mainnet; the network for the live rollout is not stated.
Use cases
Primary issuance[3]Cross-border payments[1]Delivery versus payment (DvP)[1]
Jurisdictions
Hong Kong

Participants

Operates under

Assets

Metrics

  • ~HK$6.11mTokens in circulation · as of 18 Oct 2026[7]
    On-chain via DefiLlama's per-chain balance, in Hong Kong dollars; up from HKD 0.53m when tracking began on 27 Aug 2026.
  • ~HK$103.1mSupply on chain (daily) · as of 7 Nov 2026[13]
    Automated daily reading of on-chain supply across all chains.
  • ~HK$103.1mSupply on chain (daily) · as of 7 Nov 2026 · on Ethereum[13]
    Automated daily reading.

Timeline

  1. Happened 12 Aug 2026 · Launch · recorded 11 Oct 2026
    Phased rollout begins for institutions, corporates and professional investors; HashKey completes the first mint and redemption.[3]
  2. Happened May 2026 (month only) · First transaction · recorded 11 Oct 2026
    OSL tests HKDAP transfers on Ethereum mainnet.[3]
  3. Happened 10 Apr 2026 · Regulatory approval · recorded 11 Oct 2026
    HKMA grants Anchorpoint a stablecoin issuer licence, alongside HSBC.[2]

Sources

  1. [1]Standard Chartered-backed Anchorpoint granted stablecoin issuer licence by the Hong Kong Monetary Authority — Standard Chartered, 10 Apr 2026. Accessed 11 Oct 2026.B
  2. [2]Granting of stablecoin issuer licences — Hong Kong Monetary Authority, 10 Apr 2026. Accessed 11 Oct 2026.A
  3. [3]Standard Chartered-backed Anchorpoint begins HKDAP stablecoin rollout — The Block, 12 Aug 2026. Accessed 11 Oct 2026.C
  4. [4]Register of licensed stablecoin issuers — HKMA. Accessed 12 Oct 2026.A
  5. [5]Standard Chartered becomes first bank distributor of HKDAP to unlock real-economy benefits of HKD stablecoins — Standard Chartered, 24 Aug 2026. Accessed 28 Oct 2026.B
  6. [6]OSL Group Among First Authorised Distributors for Regulated Hong Kong Dollar Stablecoin HKDAP via Beta Access — OSL Group (GlobeNewswire release, via Taiwan News), 12 Aug 2026. Accessed 28 Oct 2026.B
  7. [7]HKD At Par (HKDAP) stablecoin data (API) — DefiLlama, 18 Oct 2026. Accessed 18 Oct 2026. DefiLlama tracks Ethereum contract 0x87622385F960fcCB3121d6D0A9513bd1D9Bed6cA; not confirmed by an Anchorpoint contract list..A
  8. [8]Standard Chartered becomes first bank distributor of HKDAP to unlock real-economy benefits of HKD stablecoins | Standard Chartered — Standard Chartered. Accessed 8 Nov 2026.B
  9. [9]OSL Group Among First Key Authorised Distributors for Regulated Hong Kong Dollar Stablecoin HKDAP via Beta Access — OSL Group, 11 Aug 2026. Accessed 8 Nov 2026.B
  10. [10]OSL & Anchorpoint Complete HKDAP Stablecoin Test — OSL Group, 13 May 2026. Accessed 8 Nov 2026.B
  11. [11]Anchorpoint Enters into Strategic Collaboration with Solana Foundation ... — Anchorpoint Financial, 30 Oct 2026. Accessed 8 Nov 2026.B
  12. [12]Standard Chartered-backed Anchorpoint partners with Solana for HKDAP expansion — crypto.news. Accessed 8 Nov 2026.C
  13. [13]Supply by chain, read daily — DefiLlama (automated daily refresh). Accessed 7 Nov 2026.A

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