Standard Chartered becomes first bank to distribute Hong Kong's HKDAP stablecoin

Standard Chartered Bank (Hong Kong) said on Monday that it has become the first bank authorized to distribute HKDAP, the city’s first regulated Hong Kong dollar stablecoin.  Asset managers and multinational companies that want blockchain settlement can now explore that option without leaving the banks they already use.  What banks can issue HKDAP?  HKDAP, short...