Key facts
- Solana and Anchorpoint will integrate the Hong Kong dollar stablecoin HKDAP onto the Solana blockchain.
- Anchorpoint plans native issuance and redemption of HKDAP for retail payments and tokenized asset transactions.
- HKDAP currently operates on Ethereum via a limited beta program.
- Anchorpoint received its stablecoin issuer license from the Hong Kong Monetary Authority in April 2026.
- Solana Foundation will join Anchorpoint’s Tokenised Money Adoption Programme.
Solana is set to integrate the Hong Kong dollar stablecoin HKDAP onto its blockchain through a partnership with Anchorpoint. Announced on October 30, the collaboration aims to enable native issuance and redemption of HKDAP, facilitating near-instant settlement for retail payments and tokenized financial asset transactions. Anchorpoint, a joint venture including Standard Chartered, HKT, and Animoca Brands, received its stablecoin issuer license from the Hong Kong Monetary Authority in April 2026. The company plans to extend HKDAP access to retail customers after completing preparations, having previously operated on Ethereum via a limited beta program. The Solana Foundation will also join Anchorpoint’s Tokenised Money Adoption Programme as a strategic partner.