HKD-pegged stablecoin HKDAP has completed transfer testing on the Ethereum blockchain.
Source：
inews.hket.com
According to the Hong Kong Economic Journal, Anchor Point Financial—a Hong Kong stablecoin issuer jointly established by Standard Chartered Hong Kong, HKT, and Animoca Brands—announced that it has completed a transfer test for its Hong Kong dollar-pegged stablecoin, HKDAP, on the Ethereum blockchain. This test covered the process of converting fiat Hong Kong dollars into reserve assets. All HKDAP tokens were fully redeemed following the completion of the transfer test. HKDAP is expected to be rolled out in phases later this year.
