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HKMA grants stablecoin issuer licence to Anchorpoint
10 April 2026 Hong Kong
Image: Anchorpoint
Anchorpoint Financial — jointly established by Standard Chartered Bank (Hong Kong), Animoca Brands, and HKT — has been granted a stablecoin issuer licence by the Hong Kong Monetary Authority (HKMA).
The licence will enable Anchorpoint to advance the issuance of Hong Kong dollar -backed stablecoin, HKD At Par (HKDAP), with a phased rollout approach planned for the second quarter of 2026.
Anchorpoint says it will leverage the client bases of select authorised distributors to enable public access to HKDAP, in addition to offering incentives to early adoption partners developing real-world use cases for the stablecoin.
The firm also wishes to co-develop use cases that facilitate both the settlement and distribution of tokenised real-world assets (RWAs), with the company focused on the provision of cross-border capital and payment flows through stablecoins.
Speaking on the initiative, Bill Winters, group chief executive, Standard Chartered, says: “The issuance of HKDAP by Anchorpoint provides a powerful regulated medium of exchange that will further the rewiring of our financial markets and help promote the next generation of international trade.”
Mary Huen, CEO, Hong Kong and Greater China & North Asia, Standard Chartered, comments: “This breakthrough not only unveils a new chapter for Hong Kong in advancing its digital assets ecosystem but also underscores our long‐standing commitment to innovation.”
CEO, Anchorpoint, Dominic Maffei, adds: “We believe that we are at a point in time where finance and money are being reimagined and are proud to be able to play a pioneering role in this exciting development along with our regulators and our partners.”
The licensing follows the firms’ 2023 exploration of stablecoins as one of the forms of tokenised money, before being admitted into the HKMA’s Stablecoin Issuer Sandbox in 2024, and the inception of Anchorpoint in 2025.
The licence will enable Anchorpoint to advance the issuance of Hong Kong dollar -backed stablecoin, HKD At Par (HKDAP), with a phased rollout approach planned for the second quarter of 2026.
Anchorpoint says it will leverage the client bases of select authorised distributors to enable public access to HKDAP, in addition to offering incentives to early adoption partners developing real-world use cases for the stablecoin.
The firm also wishes to co-develop use cases that facilitate both the settlement and distribution of tokenised real-world assets (RWAs), with the company focused on the provision of cross-border capital and payment flows through stablecoins.
Speaking on the initiative, Bill Winters, group chief executive, Standard Chartered, says: “The issuance of HKDAP by Anchorpoint provides a powerful regulated medium of exchange that will further the rewiring of our financial markets and help promote the next generation of international trade.”
Mary Huen, CEO, Hong Kong and Greater China & North Asia, Standard Chartered, comments: “This breakthrough not only unveils a new chapter for Hong Kong in advancing its digital assets ecosystem but also underscores our long‐standing commitment to innovation.”
CEO, Anchorpoint, Dominic Maffei, adds: “We believe that we are at a point in time where finance and money are being reimagined and are proud to be able to play a pioneering role in this exciting development along with our regulators and our partners.”
The licensing follows the firms’ 2023 exploration of stablecoins as one of the forms of tokenised money, before being admitted into the HKMA’s Stablecoin Issuer Sandbox in 2024, and the inception of Anchorpoint in 2025.
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