Standard Chartered, Animoca Brands, and HKT team up to apply for a Hong Kong dollar-backed stablecoin license.

Standard Chartered Bank, Animoca Brands, and HKT are forming a joint venture to apply for a license to issue a Hong Kong dollar-backed stablecoin. The collaboration leverages each company’s expertise in banking, blockchain, gaming, and telecommunications to create a secure and efficient digital payment method, particularly for the digital economy.

4 weeks ago
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