Solana is set to support HKDAP, a regulated Hong Kong dollar stablecoin, through a partnership between the Solana Foundation and Anchorpoint Financial aimed at expanding payments and tokenized asset settlements.
Summary
- Solana is set to add a regulated Hong Kong dollar stablecoin to its ecosystem through a memorandum of understanding between the Solana Foundation and Anchorpoint Financial.
- The agreement will bring HKDAP, a Hong Kong dollar-backed stablecoin, to SOL for native issuance and redemption.
- The move could expand the network’s role in payments, cross-border settlements and tokenized financial assets.
- Anchorpointsaidthe collaboration is its first with a public blockchain network and is intended to extend the stablecoin’s use beyond its existing distribution infrastructure.
Automatic summary based on the original source. Content rights belong to the publisher. Centro Blockchain is not responsible for opinions published by third parties.
