Anchorpoint entered a strategic collaboration with the Solana Foundation to explore wider access to HKDAP, its Hong Kong dollar-pegged stablecoin. The agreement covers support for minting and redeeming HKDAP on Solana, but the excerpt does not say that the stablecoin has launched on the network.
Anchorpoint, which the source says is licensed by the Hong Kong Monetary Authority to issue Hong Kong dollar-backed stablecoins, aims to serve retail and institutional users. The collaboration also seeks to expand access to HKDAP-enabled tokenised products; near-instant settlement is described as a feature of the planned Solana use, not a measured result.
