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Anchorpoint plans to launch HK dollar stablecoin HKDAP on Solana blockchain, enabling faster settlements and local currency use.

01 Nov 2026, 12:42 WIB
Altcoin Buzz
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Bullish
Anchorpoint plans to launch HK dollar stablecoin HKDAP on Solana blockchain, enabling faster settlements and local currency use.

Anchorpoint Financial, owned by Standard Chartered's Hong Kong bank, announced plans to support native minting and redemption of its Hong Kong dollar stablecoin HKDAP on the Solana blockchain. This move aims to enable near-instant settlement speeds and expand use cases like retail payments and tokenized real-world asset trading. While the collaboration with Solana Foundation is strategic, no launch date or official token mint address has been confirmed yet. The initiative is part of a broader multi-chain strategy to connect ecosystems and enhance digital currency accessibility in Hong Kong.

Solana (SOL) trades at Rp1.730.513 on Pluang as of Nov 01, 2026 18:01 WIB, showing a slight 0.24% decline in one day. The platform records a market cap of Rp1.018,95 trillion and a 24-hour volume of Rp22,69 trillion. Buy orders dominate at 70%, with typical hold time around 72 days, indicating steady investor interest despite minor price dips.

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