{"id":9150,"date":"2026-06-16T02:09:53","date_gmt":"2026-06-16T02:09:53","guid":{"rendered":"https:\/\/acudc.com\/?p=9150"},"modified":"2026-06-16T02:11:02","modified_gmt":"2026-06-16T02:11:02","slug":"stanchart-forms-jv-for-hk-stablecoin-with-hk-telecom-animoca-brands","status":"publish","type":"post","link":"https:\/\/acudc.com\/th\/stanchart-forms-jv-for-hk-stablecoin-with-hk-telecom-animoca-brands\/","title":{"rendered":"StanChart forms JV for HK stablecoin with HK Telecom, Animoca Brands"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"9150\" class=\"elementor elementor-9150\">\n\t\t\t\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-624d676d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"624d676d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b01699e\" data-id=\"5b01699e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-309872b elementor-widget elementor-widget-image\" data-id=\"309872b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"745\" height=\"480\" src=\"https:\/\/acudc.com\/wp-content\/uploads\/2026\/06\/News0612.03.png\" class=\"attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/acudc.com\/wp-content\/uploads\/2026\/06\/News0612.03.png 745w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/06\/News0612.03-300x193.png 300w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/06\/News0612.03-18x12.png 18w\" sizes=\"(max-width: 745px) 100vw, 745px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d5cd177 elementor-widget elementor-widget-text-editor\" data-id=\"7d5cd177\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Image by Ledger Insights<\/p><p>Last July Standard Chartered Bank Hong Kong announced a collaboration with Hong Kong Telecom (HKT) and web3 firm Animoca Brands to explore stablecoin\u00a0issuance as part of a Hong Kong sandbox. Now the bank says it is creating a joint venture with the same partners in order to apply for a license with the Hong Kong Monetary Authority under its new stablecoin regulations. The joint venture intends to be one of the first issuers. Hong Kong published a Bill late last year.<\/p><p>Each of the partners brings specialist skills to the venture. Standard Chartered can contribute bank grade infrastructure and governance. It already provides services to stablecoin issuer Paxos outside the United States. Plus it has participated in various Hong Kong digital currency initiatives including for tokenized deposits, wholesale and retail CBDC.<\/p><p>It\u2019s hard to think of another G-SIB bank that has leaned into tokenization and crypto with the breadth of engagement that Standard Chartered has shown. That includes businesses incubated by the bank\u2019s SC Ventures, including Zodia Custody, Zodia Markets which is very involved with stablecoins, and tokenization firm Libeara. Additionally, the bank has invested in traditional finance initiatives such as SWIAT for tokenization and Partior for tokenized cross border payments. Other Partior participants include DBS Bank, Deutsche Bank and JP Morgan.<\/p><p>\u00a0<\/p><p>Retrieved from:\u00a0<a href=\"https:\/\/www.ledgerinsights.com\/stanchart-forms-jv-for-hk-stablecoin-with-hk-telecom-animoca-brands\/\"><u>https:\/\/www.ledgerinsights.com\/stanchart-forms-jv-for-hk-stablecoin-with-hk-telecom-animoca-brands\/<\/u><\/a><\/p><p>\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Image by Ledger Insights Last July Standard Chartered Bank Hong Kong announced a collaboration with Hong Kong Telecom (HKT) and web3 firm Animoca Brands to explore stablecoin\u00a0issuance as part of a Hong Kong sandbox. Now the bank says it is creating a joint venture with the same partners in order to apply for a license &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/acudc.com\/th\/stanchart-forms-jv-for-hk-stablecoin-with-hk-telecom-animoca-brands\/\"> <span class=\"screen-reader-text\">StanChart forms JV for HK stablecoin with HK Telecom, Animoca Brands<\/span> Read More &raquo;<\/a><\/p>","protected":false},"author":7,"featured_media":9126,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[15,9],"tags":[75],"_links":{"self":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/9150"}],"collection":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/comments?post=9150"}],"version-history":[{"count":4,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/9150\/revisions"}],"predecessor-version":[{"id":9154,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/9150\/revisions\/9154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/media\/9126"}],"wp:attachment":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/media?parent=9150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/categories?post=9150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/tags?post=9150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}