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Hong Kong Grants First Stablecoin Issuer Licenses

According to the new report, Anchorpoint Financial Limited received a stablecoin issuer license in April 2026, with its backers planning to phase in Hong Kong dollar-pegged HKDAP from Q2 for payments and tokenized asset settlement.

Fact Check
The central claim that HKMA would announce its first stablecoin licenses on April 10 is supported by the fetched NBD report '香港首批稳定币牌照今天下午公布' and the PANews article '香港首批稳定币牌照今天下午公布 | PANews', both stating a 5 p.m. April 10 announcement. RootData independently repeats the same April 10, 5 p.m. detail. CoinDesk's 'Hong Kong hasn’t issued a single HKD stablecoin license after March target' is not a contradiction; it reflects the status on April 1, when no licenses had yet been issued and the March target had slipped. However, I did not obtain a directly fetched HKMA official press release confirming the announcement, and the user's added statement about Hong Kong-listed stablecoin-related stocks extending gains is not directly supported by the gathered sources. So the April 10 announcement portion is likely true, but the broader market-reaction framing remains unverified here.
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Summary

Hong Kong’s stablecoin licensing rollout now includes a report that Anchorpoint Financial Limited received a stablecoin issuer license in April 2026. The company is linked to a joint venture involving SCBHK, HKT and Animoca Brands, which plans to phase in the Hong Kong dollar-pegged stablecoin HKDAP from the second quarter. The new information adds intended use cases for HKDAP, with the venture targeting tokenized real-world asset settlement and cross-border payments within Hong Kong’s regulated digital asset framework.

Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a stable value, typically by being pegged to a fiat currency or backed by reserve assets.
  • HKDAP: A Hong Kong dollar-pegged stablecoin that the Anchorpoint venture plans to phase in from Q2 under Hong Kong’s regulated framework.
  • tokenized real-world asset: A traditional asset represented on blockchain as a digital token, enabling onchain ownership, transfer, or settlement.