26.10.2026 06:41
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A project backed by Standard Chartered, Anchorpoint, has reportedly postponed the public rollout of its HKDAP stablecoin, according to information from internet sources. This strategic delay comes as the financial giant HSBC moves aggressively, launching its own digital currency, RedCoin, which is immediately accessible to a substantial user base of 3.3 million PayMe customers.
While Anchorpoint's timeline for retail availability remains unconfirmed, HSBC is positioning RedCoin for immediate integration, leveraging its established presence in the local digital payments market. The contrasting approaches highlight a dynamic landscape where institutional readiness and strategic user acquisition are unfolding at different paces, with one path marked by cautious preparation and the other by swift, large-scale deployment.
