Wire by Fusion42
Fusion42 Scout Raise
The Debrief & Outliers
Regulatory RadarWorkday Debrief · Mon 09:00 UTCSector Deep DiveWorkday Debrief · Tue 09:00 UTCGeo PulseWorkday Debrief · Wed 09:00 UTCOperating ConditionsWorkday Debrief · Thu 09:00 UTCWeekly BriefingWorkday Debrief · Fri 09:00 UTCWTF Happened This WeekSat 09:00 UTC · 3σ outliers
Benchmarks
Benchmarks HomeBy News TypeBy RegionBy Sector
AI WeeklyAbout

Switch product

Fusion42RaiseScoutWire

The Debrief & Outliers

All editionsRegulatory RadarWorkday Debrief · Mon 09:00 UTCSector Deep DiveWorkday Debrief · Tue 09:00 UTCGeo PulseWorkday Debrief · Wed 09:00 UTCOperating ConditionsWorkday Debrief · Thu 09:00 UTCWeekly BriefingWorkday Debrief · Fri 09:00 UTCWTF Happened This WeekSat 09:00 UTC · 3σ outliers

Database & benchmarks

Benchmarks HomeBy News TypeBy RegionBy SectorStories

Account

Sign in
← Back

Wire · technology

HKDAP Stablecoin Expected to Launch by Month-End, Led by Standard Chartered Hong Kong

20 July 2026 · By · Wire by Fusion42

Published

20 July 2026

Topic

technology

◆ Sectors

Fintech

◆ Geography

China

◆ Source

Read at binance.com →

◆ Verified

Fusion42 · 20 July 2026 · Fusion42 review

Standard Chartered Bank Hong Kong is launching HKDAP, a Hong Kong dollar-pegged stablecoin, by month-end through Anchorpoint Financial—the fastest reported deployment timeline for a local stablecoin. The move signals regulatory approval for bank-issued digital currency in Hong Kong and opens infrastructure for cross-border settlement and DeFi integration.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

If you build cross-border payment or settlement tech for Asia, a major bank just built the rails you were selling to them. Standard Chartered's stablecoin is live infrastructure; now you compete or integrate, not pitch.

◆ Coverage

1 source · 20 Jul 2026

◆ Related on Wire

◆ Topics

Fintechstablecoin-launchhong-kong-digital-currencybank-led-cryptocross-border-settlementregulatory-green-light