Woofun AI reports that Standard Chartered Bank (Hong Kong) is leading the establishment of Anchorpoint, aiming to announce the launch of a stablecoin by month-end. The entity plans to issue HKDAP, a stablecoin pegged to the Hong Kong dollar. Virtual asset trading platforms, including OSL Group and HashKey Exchange, will serve as distributors. An Anchorpoint spokesperson confirmed that the phased issuance of the regulated stablecoin is progressing as planned, with further updates to follow.