May 22, 2026
Hong Kong’s HKDAP Stablecoin Passes Ethereum Mainnet Test Ahead of Q2 2026 Launch
RegulationStablecoinsAnchorpoint FinancialEthereum MainnetFutu HoldingsHKD StablecoinHKDAPHong Kong Monetary AuthorityHong Kong StablecoinOSL Group
TLDR: Anchorpoint Financial completed HKDAP’s Ethereum mainnet transfer test with OSL and PantherTrade in May 2026. Every minted HKDAP token was fully backed by reserve assets and redeemed after the transfer test concluded. OSL Group will leverage StableHub, BizPay, and Banxa infrastructure to support phased HKDAP issuance. HKDAP phased issuance is set to begin by [...]
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Source: Blockonomi →Related News
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