Hong Kong's First HKMA-Licensed Stablecoin HKDAP Clears Ethereum Mainnet Test — Issuance Targeted for Q2!

Anchorpoint Financial, the first company to hold a stablecoin issuer license from the Hong Kong Monetary Authority, has successfully completed a live transfer test of its Hong Kong dollar stablecoin HKDAP — short for "HKD At Par" — on the Ethereum mainnet. The test was conducted in partnership with…