HashKey Pushes HKDAP Into Cross-Border Payments

TLDR HashKey Exchange plans to use HKDAP for cross-border trade settlements with the UAE and the wider Middle East. HKDAP launched on August 12 and became Hong Kong’s first regulated Hong Kong dollar-pegged stablecoin. HashKey will also use HKDAP for commercial insurance premium payouts with digital asset insurer OneDegree. Hong Kong-UAE cross-border trade reached $48.95 [...]

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