Standard Chartered Joins HKDAP as First Bank Distributor
Standard Chartered’s Hong Kong bank has become HKDAP’s first bank distributor, adding a regulated institutional channel to the stablecoin’s phased rollout.
Standard Chartered’s Hong Kong bank has become HKDAP’s first bank distributor, adding a regulated institutional channel to the stablecoin’s phased rollout.
The banks used Swift’s blockchain ledger to coordinate tokenized-deposit obligations before final settlement through existing payment systems.
Standard Chartered launched integrated USDC minting and redemption for eligible institutional clients through its DIFC operations, in partnership with Circle.