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Standard Chartered leads push for HKD-backed digital currency - Dimsum Daily

Retrieved on: 2025-02-17 16:48:40

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Standard Chartered leads push for HKD-backed digital currency - Dimsum Daily. View article details on hiswai:

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The article discusses a joint venture in Hong Kong by Standard Chartered Bank, Animoca Brands, and HKT to introduce a stablecoin backed by the Hong Kong dollar. This initiative aligns with Web3 goals by enhancing digital finance, integrating stablecoins, and promoting decentralization, while adhering to regulatory frameworks.

Article found on: www.dimsumdaily.hk

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