StanChart, Animoca Brands and HKT agree JV to issue HKD-backed stablecoin
A licensing scheme for stablecoin issuers in Hong Kong is expected to be introduced later this year. Bill Winters, group CEO of Standard Chartered, says "digital assets are here to stay."
.jpg&c=1&h=810&q=100&v=20250410&w=1440 "StanChart, Animoca Brands and HKT agree JV to issue HKD-backed stablecoin")
Standard Chartered Bank (Hong Kong), Animoca Brands and HKT will establish a joint venture (JV) to issue a Hong Kong dollar-backed stablecoin, according to a media release.
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