HKDAP stablecoin launch (pending)

Anchorpoint Financial is expected to officially launch the HKDAP stablecoin, a token designed to reference the Hong Kong dollar, with a tentative date around 2026-10-09; the launch status remains unconfirmed.

What is happening

In April 2026, the Hong Kong Monetary Authority licensed Anchorpoint Financial Limited to issue fiat-referenced stablecoins under Hong Kong's Stablecoins Ordinance, which established a licensing regime for such issuers starting 1 August 2025. Anchorpoint's proposed product, HKDAP, is intended to maintain a stable value relative to the Hong Kong dollar.

In August 2026, Standard Chartered Bank (Hong Kong) announced it would serve as HKDAP's first bank distributor, outlining a phased rollout aimed at settlement, treasury and cross-border-payment use cases. Despite some news coverage describing HKDAP as already launched, Anchorpoint's own product page has since stated that the stablecoin has not yet officially launched. This discrepancy is the reason the event is marked as tentative: a regulatory licence and a distribution agreement with a bank do not by themselves confirm that the token is available to users.

No official launch date, URL or further confirmation has been provided in the available sources. The listed date should be treated as a placeholder pending an official announcement from Anchorpoint Financial.

Why it matters

If and when HKDAP officially launches, it would represent one of the first regulated fiat-backed stablecoins issued under Hong Kong's licensing framework, with a major bank as distributor supporting settlement and cross-border payment use. This could be relevant for market participants seeking a regulated Hong Kong dollar-referenced token for treasury or payment purposes.

For holders and traders, it is important to note that a licence and regulatory oversight do not eliminate standard stablecoin risks, including reserve quality, redemption terms, intermediary dependence and operational issues. Given the current tentative status, those tracking this event should watch for an official confirmation from Anchorpoint Financial or its distribution partners before treating HKDAP as live or operational.

Key details

• Date: 2026-10-09 (tentative, day-level precision, not confirmed)
• Project: Anchorpoint Financial
• Coins: Not specified
• Category: Product Release
• Status: Tentative
• Source: bitcoinwiki.org/wiki/Stablecoin