#hongkongmtr
hongkongmtr
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HKD 1:1 digital version HKDAP goes live on 8/24.
Licensing: 36 applicants from the HKMA, but only 2 approved (Anchorpoint + HSBC)
Timeline: OSL on-chain testing in May → HashKey pilot run on 8/12 → Standard Chartered first distribution on 8/24
Circulation: approximately 520,000–570,000 HKDAP on-chain (institutional testing stage)
Retail: earliest by end of 2026
# $HKDAP #Stablecoin #HongKongMTR
Licensing: 36 applicants from the HKMA, but only 2 approved (Anchorpoint + HSBC)
Timeline: OSL on-chain testing in May → HashKey pilot run on 8/12 → Standard Chartered first distribution on 8/24
Circulation: approximately 520,000–570,000 HKDAP on-chain (institutional testing stage)
Retail: earliest by end of 2026
# $HKDAP #Stablecoin #HongKongMTR
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