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RegulationSource: Crypto Economy ·

Solana Targets Hong Kong Banks to Tap Into the $14 Billion Stablecoin Market

The Solana Foundation joined forces with Anchorpoint Financial, an institutional issuer regulated by the Hong Kong Monetary Authority (HKMA) and backed by Standard Chartered. The partnership aims to enable the native issuance and redemption of the HKDAP stablecoin on the Layer 1 network.

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