StanChart-Led Anchorpoint Plans Retail Stablecoin With No Date Set

Standard Chartered-led Anchorpoint plans to offer a retail stablecoin on a public blockchain but has not set a launch date, according to the South China Morning Post (SCMP). The plans come as HSBC launches its own Hong Kong dollar-backed token, HSBC RedCoin, for the 3.3 million users of its PayMe app. Anchorpoint released its institutional [...] The post StanChart-Led Anchorpoint Plans Retail Stablecoin With No Date Set appeared first on Fintech Hong Kong.

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