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Standard Chartered Launches HKD Stablecoin Distribution

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Key takeaways

  • Standard Chartered Bank becomes the first authorized bank to distribute HKDAP, a regulated Hong Kong dollar-backed stablecoin, targeting institutional clients.
#Banking#Stablecoins#Cryptocurrency

Analysis

Standard Chartered Bank becomes the first authorized bank to distribute HKDAP, a regulated Hong Kong dollar-backed stablecoin, targeting institutional clients.

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