Stablecoins Take Center Stage: Animoca & Standard Chartered Launch Venture, Fueling Solana, Ethereum, and Bitcoin Cash

Hong Kong is buzzing this week, not just with price action, but with a major development in the stablecoin space. Animoca Brands and Standard Chartered have joined forces with HKT to launch Anchorpoint Financial, a joint venture focused on stablecoin technology that’s aiming for formal licensing under Hong Kong’s new digital asset regulations. This move has triggered a wave of excitement in the crypto market.