Anchorpoint partners with Solana Foundation to bring HKDAP stablecoin to Solana
Anchorpoint Financial has announced a strategic collaboration with the Solana Foundation to expand its Hong Kong dollar stablecoin, HKDAP, to the Solana blockchain for payments and tokenized assets.
Hong Kong-licensed stablecoin issuer Anchorpoint Financial Limited announced a strategic collaboration on Oct. 30, 2026, with the Solana Foundation to expand its Hong Kong dollar stablecoin, HKDAP, to Solana. The integration marks Anchorpoint's first public blockchain collaboration. Anchorpoint holds one of the Hong Kong Monetary Authority's first stablecoin issuer licences (FRS01) and is backed by Standard Chartered and Animoca Brands.[1][3][4]
According to the partnership release, Anchorpoint plans to enable native minting and redemption of HKDAP directly on Solana with near-instant settlement speeds. The expansion is intended to support high-velocity use cases such as retail payments, cross-border commercial transactions, and tokenized real-world asset (RWA) trading. Although outlets such as BSCNews reported that HKDAP had already gone live on the network, the formal press release framed the integration as a planned expansion.[1][2][3][4]
Under the agreement, the Solana Foundation will also join Anchorpoint's Tokenised Money Adoption Programme as a strategic partner, following the recent addition of PwC. Anchorpoint noted that Solana currently supports roughly $4.9 billion in tokenized real-world assets across more than 835,000 holders, with the alliance coming alongside Solana's induction into the Hong Kong government's OASES programme and plans to establish a local presence in the city.[3][4]
Key facts
- Anchorpoint Financial announced a strategic collaboration with the Solana Foundation on Oct. 30, 2026, to bring its Hong Kong dollar stablecoin HKDAP to Solana.
- The integration plans to enable native minting and redemption of HKDAP on Solana with near-instant settlement.
- Anchorpoint holds one of the Hong Kong Monetary Authority's first stablecoin issuer licences (FRS01) and is backed by Standard Chartered and Animoca Brands.
- Planned use cases include retail checkout, cross-border payments, and tokenized real-world asset trading.
- The Solana Foundation joined Anchorpoint's Tokenised Money Adoption Programme as a strategic partner, alongside PwC.
- The announcement stated Solana supports approximately $4.9 billion in tokenized real-world assets across more than 835,000 holders.
- BSCNews stated HKDAP had gone live on Solana, while the joint announcement described the deployment as a planned expansion.
Sources · 4 sources
- CN
crypto.news@cryptodotnewsPost on X ·
JUST IN: Hong Kong dollar stablecoin HKDAP launches on Solana Anchorpoint is bringing $HKDAP to Solana as its first public blockchain integration, enabling native minting and redemption with near-instant settlement for retail payments and tokenized assets. https://t.co/ljUu5oC5pE
Open source - BS
BSCN@BSCNewsPost on X ·
Hong Kong Dollar Stablecoin HKDAP Goes Live on Solana Anchorpoint has expanded $HKDAP, a Hong Kong dollar stablecoin, to the @Solana blockchain. With this release, instant settlement has arrived for cross-border trade in Asia, while also creating a payment and liquidity channel from retail checkout transactions to tokenized real-world assets. Hong Kong's currency is now on-chain and is carried on Solana.
Open source - SO
SolanaFloor@SolanaFloorPost on X ·
BREAKING: Standard Chartered-backed Anchorpoint to launch $HKDAP, a Hong Kong dollar stablecoin, on @Solana. The integration enables native minting and redemption on Solana, with near-instant settlement for payments and tokenized assets. https://t.co/X0V4XT728k
Open source - DN
DEGEN NEWS@DegenerateNewsPost on X ·
NEW: @StanChart AND @AnimocaBrands-BACKED ANCHORPOINT TEAMS UP WITH @SolanaFndn TO BRING ITS HONG KONG DOLLAR STABLECOIN $HKDAP TO @solana IT PLANS NATIVE MINTING AND REDEMPTION ON SOLANA ANCHORPOINT HOLDS ONE OF HKMA'S FIRST STABLECOIN ISSUER LICENCES (FRS01) https://t.co/m0lP6ZXzET
Open source