ChinaAMC, Standard Chartered and OSL complete first HKD stablecoin fund transaction

21st September, 2026

Narayani Srinivasan
Hong Kong

The transaction marks a further step in Hong Kong’s stablecoin rollout, using Standard Chartered-backed HKDAP for digital fund transactions after the city issued its first stablecoin licences.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
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