Animoca Brands, a major player in the Web3 space, has partnered with the Hong Kong arm of Standard Chartered Bank to launch a new stablecoin initiative named Anchorpoint. This joint venture also includes Hong Kong Telecom (HKT) and marks a significant step in the city’s growing digital finance ecosystem.



🪙 What Is Anchorpoint?


Anchorpoint is designed to be a licensed stablecoin issuer under Hong Kong’s new regulatory regime. The venture:




  • Intends to issue stablecoins backed by fiat currencies.




  • Will apply for a stablecoin license in Hong Kong.




  • Has been participating in the Hong Kong Monetary Authority (HKMA) sandbox for over a year.




This positions Anchorpoint ahead of the curve as Hong Kong’s Stablecoin Ordinance comes into effect this month.



🔍 Why It Matters


Stablecoins are becoming central to global crypto regulation. In 2025:




  • The U.S. introduced the GENIUS Act to regulate stablecoins.




  • Hong Kong launched its official licensing regime, attracting attention from over 40 applicants.

    However, the HKMA expects to approve fewer than 10 stablecoin issuers — meaning competition is tight and only top players will be authorized.





🤝 Powerhouse Partnership


The collaboration between:




  • Animoca Brands (a leading blockchain investment firm),




  • Standard Chartered (a major global bank), and




  • HKT (a dominant telecom provider)




...brings together Web3 innovation, financial trust, and technological infrastructure — a rare combination that could set Anchorpoint apart from other applicants.



🧠 Final Thoughts


As global crypto regulation heats up, the creation of licensed and compliant stablecoin issuers will be key to mainstream adoption. Anchorpoint’s early involvement in the HKMA sandbox and strong backing make it a top contender.


Will Asia become the leader in regulated stablecoin innovation?


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