Anchorpoint JV Launches Hong Kong Dollar Stablecoin Under HKMA Oversight
1 report, 1 independent
Updated Fri 00:00
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What happened
Anchorpoint, a joint venture between Animoca Brands, Standard Chartered, and HKT, has commenced the phased rollout of its Hong Kong dollar stablecoin. The companies announced the venture in February 2025. The rollout began on September 25, 2026, with the goal of allowing retail use to potentially start by the end of the year.
From fortune.com
Why it matters
The venture is designed to operate as a regulated stablecoin within the financial ecosystem of Greater China. The Hong Kong Monetary Authority oversees the stablecoin licensing regime, providing the regulatory framework for the product's operation.
From fortune.com
Who's involved
- Animoca BrandsPartner in the Anchorpoint joint venture.
- Standard CharteredPartner in the Anchorpoint joint venture.
- HKTPartner in the Anchorpoint joint venture.
- Hong Kong Monetary AuthorityOversight body defining the regulatory context for the stablecoin.
Keep exploring
The entities involved
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Animoca Brands
Tech company
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Standard Chartered
British financial company
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Hong Kong Monetary Authority
currency board and central banking authority of Hong Kong