Standard Chartered (Hong Kong), Animoca Brands, and HKT Form Joint Venture to Launch HKD-Backed Stablecoin

SCBHK: With deep expertise in stablecoin projects and bank-grade infrastructure, SCBHK will anchor the initiative within Hong Kong’s evolving digital asset ecosystem.

Animoca Brands: As a global leader in Web3 and blockchain innovation, Animoca Brands will drive crypto-native opportunities and novel use cases in the digital economy.

HKT: A leading force in technology, media, and telecommunications, HKT will contribute its mobile wallet and payment technology expertise to facilitate seamless domestic and cross-border transactions.

Exciting collaboration between industry leaders to bring innovation to the digital asset ecosystem in Hong Kong! Looking forward to seeing how this joint venture will shape the future of stablecoins and blockchain technology in the region. 🚀💰