Hong Kong's bank-built stablecoin is heading to a public blockchain. Its issuer is already warning you about the fakes.
Anchorpoint, the HKMA-licensed issuer set up by Standard Chartered, telecom HKT and Animoca Brands, signed on with the Solana Foundation Oct. 30 to bring HKDAP, its Hong Kong dollar stablecoin, to Solana with native minting and redemption. It's Anchorpoint's first tie-up with a public chain, aimed at retail payments and tokenized RWA trading.
Read the verbs: "explore," "plans to," "intended to." No launch date given.
Meanwhile its website already warns that any token using the HKDAP name from a different contract address is not HKDAP.
The money is licensed. The ticker, on a permissionless chain, never is.
Source: Bitcoin.com News