Multinational companies could use HKDAP to transfer tokenized Hong Kong dollar value round the clock.
The bank plans tokenized money market fund settlements in the fourth quarter as HKDAP expands its phased rollout into conventional banking.
The distribution of HKDAP by Standard Chartered may accelerate stablecoin adoption and integration in global financial systems.
Standard Chartered became HKDAP’s first bank distributor and plans tokenized fund settlement services using the stablecoin in Q4.
