#hkcompletesfirsthkdstablecoinusecase
#HKCompletesFirstHKDStablecoinUseCase

HKDAP MEETS DIGITAL FUNDS! 🚀

In Hong Kong, we’ve reached a milestone— the first real use case for an HKD Stablecoin has been completed.

On Sep 18, ChinaAMC (HK) purchased a digital money market fund using Anchorpoint’s HKDAP stablecoin. Settlement was handled by OSL HK, and custody was managed by Standard Chartered.

This is Hong Kong’s first regulated HKD stablecoin use case. Meaning, moving from cash into funds will be 24/7 and instant.

My Take: This isn’t just news—it’s the future. Digital cash is now connected to an investment product. For treasury teams, cash management is now super easy.

Watch: How fast the settlement time & bank returns are.

Question: For adoption, what matters more—low fees or easy cash management?

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$AKE $B2 $MYX