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Anchorpoint Taps Solana for HKDAP Stablecoin Launch

The Standard Chartered-led consortium has entered a strategic collaboration with the Solana Foundation to bring its HKDAP stablecoin to the Solana ecosystem. This partnership aims to enable native minting and redemptions on the Solana blockchain, targeting retail, local, and international adoption. Anchorpoint, a consortium licensed by the Hong Kong Monetary Authority, is interested in expanding the use of HKDAP beyond retail applications using Solana as a vehicle.

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