{"id":9382,"date":"2026-08-06T03:32:20","date_gmt":"2026-08-06T03:32:20","guid":{"rendered":"https:\/\/acudc.com\/?p=9382"},"modified":"2026-08-06T03:33:23","modified_gmt":"2026-08-06T03:33:23","slug":"hsbc-standard-chartereds-contrasting-strategies-for-hong-kong-stablecoin-rollout","status":"publish","type":"post","link":"https:\/\/acudc.com\/zh\/hsbc-standard-chartereds-contrasting-strategies-for-hong-kong-stablecoin-rollout\/","title":{"rendered":"HSBC, Standard Chartered\u2019s contrasting strategies for Hong Kong stablecoin rollout"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"9382\" class=\"elementor elementor-9382\">\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=\"815\" height=\"594\" src=\"https:\/\/acudc.com\/wp-content\/uploads\/2026\/08\/News0805.02.png\" class=\"attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/acudc.com\/wp-content\/uploads\/2026\/08\/News0805.02.png 815w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/08\/News0805.02-300x219.png 300w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/08\/News0805.02-768x560.png 768w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/08\/News0805.02-16x12.png 16w\" sizes=\"(max-width: 815px) 100vw, 815px\" \/>\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>Earlier today the\u00a0Hong Kong Monetary Authority (HKMA) announced\u00a0that the first licensed stablecoin issuers will be HSBC and Standard Chartered joint venture Anchorpoint Financial. The two banks subsequently revealed contrasting stablecoin strategies. Anchorpoint Financial is taking a crypto-native approach, confirming public blockchain infrastructure and open ecosystem distribution. HSBC is extending its established digital assets playbook to retail customers through its own banking apps.<\/p><p>Anchorpoint Financial\u00a0is technically a Standard Chartered subsidiary, not merely a joint venture with Hong Kong Telecom (HKT) and Animoca Brands. Its CEO Dominic Maffei previously headed the bank\u2019s digital assets unit and SC Ventures in Hong Kong. The bank was one of the earliest G-SIBs to engage with permissionless chains and crypto-native infrastructure, with SC Ventures incubating crypto custody firm\u00a0Zodia Custody,\u00a0Zodia Markets\u00a0and tokenization platform\u00a0Libeara.<\/p><p>The stablecoin, branded HKDAP (HKD At Par), is targeting a Q2 launch. The bank\u2019s group CEO Bill Winters confirmed the infrastructure choice, referencing \u201cthe efficiency of public blockchain technology.\u201d Ledger Insights has asked which blockchain(s) are planned, but didn\u2019t receive a response in time for publication. Anchorpoint will use a B2B2C distribution model through authorized partners rather than issuing directly to consumers, enabling it to leverage the customer bases of HKT, Animoca and potentially Hong Kong\u2019s licensed crypto exchanges. In crypto fashion it is planning to incentivize early partners.<\/p><p>Retrieved from: <a href=\"https:\/\/www.ledgerinsights.com\/hsbc-standard-chartereds-contrasting-strategies-for-hong-kong-stablecoin-rollout\/\">https:\/\/www.ledgerinsights.com\/hsbc-standard-chartereds-contrasting-strategies-for-hong-kong-stablecoin-rollout\/<\/a><\/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>Earlier today the\u00a0Hong Kong Monetary Authority (HKMA) announced\u00a0that the first licensed stablecoin issuers will be HSBC and Standard Chartered joint venture Anchorpoint Financial. The two banks subsequently revealed contrasting stablecoin strategies. Anchorpoint Financial is taking a crypto-native approach, confirming public blockchain infrastructure and open ecosystem distribution. HSBC is extending its established digital assets playbook to &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/acudc.com\/zh\/hsbc-standard-chartereds-contrasting-strategies-for-hong-kong-stablecoin-rollout\/\"> <span class=\"screen-reader-text\">HSBC, Standard Chartered\u2019s contrasting strategies for Hong Kong stablecoin rollout<\/span> \u67e5\u770b\u5168\u6587 &raquo;<\/a><\/p>","protected":false},"author":8,"featured_media":9368,"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":[38,75],"_links":{"self":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts\/9382"}],"collection":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/comments?post=9382"}],"version-history":[{"count":4,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts\/9382\/revisions"}],"predecessor-version":[{"id":9387,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts\/9382\/revisions\/9387"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/media\/9368"}],"wp:attachment":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/media?parent=9382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/categories?post=9382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/tags?post=9382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}