HashKey Starts Distribution of Regulated HKDAP Stablecoin

Key Facts

In a move reflecting the accelerating adoption of regulated digital assets in Asian financial hubs, HashKey has commenced the beta distribution of the HKDAP stablecoin. According to reports, HashKey has become an authorized distributor for Anchorpoint’s HKDAP, which is regulated under Hong Kong's emerging digital asset framework. This initiative aims to expand institutional access to reliable stablecoins as the region formalizes its market infrastructure.

The partnership involves key entities including Anchorpoint and Standard Chartered, bolstering confidence in the regional stablecoin ecosystem. Per analyst data, this rollout represents a beta phase of a previously known joint venture project, aligning with Hong Kong's strategic goal to establish itself as a global hub for regulated crypto assets.

Based on data available as of August 12, 2026, specific closing prices for instruments directly linked to this announcement are unavailable in the current database. Investors are monitoring market developments qualitatively in the absence of immediate Hong Kong economic catalysts in the upcoming calendar, focusing instead on the stability of digital infrastructure as a draw for institutional capital.