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Solana Adds Hong Kong Dollar Stablecoin HKDAP for Payments and Tokenized Assets
Solana has partnered with Anchorpoint to bring Hong Kong dollar stablecoin HKDAP onto its blockchain. Through the partnership, Anchorpoint plans native issuance and redemption to support retail payments and tokenized asset transactions.
Why it matters
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Dextape context
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Terms in this story
- Blockchain
- A shared, ordered record of transactions, grouped into blocks, that independent computers check against the same protocol rules.
- Stablecoin
- A token designed to track a reference value, usually the US dollar, through reserves, crypto collateral or an algorithm.
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