HKD At Par(HKDAP)

Stablecoin Information

HKDAP (HKD At Par) is a Hong Kong dollar-denominated stablecoin issued by Anchorpoint Financial Limited.

Category:fiat-backed

Minting and Redemption

Issued by Anchorpoint Financial Limited (an HKMA-licensed stablecoin issuer and Standard Chartered Bank (Hong Kong) subsidiary, formed as a joint venture with HKT and Animoca Brands) and distributed through authorised partners. HKDAP is designed to hold a HK$1 value with reserves in cash and highly liquid HKD assets held in trust by Standard Chartered Trustee (Hong Kong) Limited, enabling 1:1 mint and redemption in HKD for eligible institutional and professional-investors.

Audits:No