COINTELEGRAPH · 2026-10-26 00:14 UTC

Standard Chartered-led Anchorpoint says it's not rushing retail stablecoin

Anchorpoint, a Standard Chartered-backed stablecoin venture, says it will take a cautious approach to launching its Hong Kong dollar-backed stablecoin to retail users and declined to confirm a previously indicated end-2026 launch date. CEO Dominic Maffei stated the company believes in building the market sustainably and that rushing a launch 'does not make sense.' The announcement follows HSBC's Friday launch of RedCoin to 3.3 million PayMe app users.

Loading the story on Tree News…