August 25 , 2026
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Day: August 25, 2026

Standard Chartered Launches Exciting New Hong Kong Stablecoin!

By Charlie DavisIn NFT TrendsPosted

Highlights Standard Chartered Bank (Hong Kong) becomes the first bank to distribute HKDAP, a Hong Kong dollar-backed stablecoin authorized by regulators. SCBHK plans to facilitate various financial operations, including tokenized fund settlements and cross-border payments using HKDAP. This move indicates a growing trend of integrating stablecoins into conventional banking systems...