EconomyStandard Chartered-led Anchorpoint plans retail stablecoin after HSBC RedCoin launch

After HSBC launched RedCoin on Friday, Anchorpoint, the stablecoin-issuing joint venture led by Standard Chartered, said it intends to offer a retail product on a public blockchain while taking a “prudent approach”. CEO Dominic Maffei said its next major milestone is to bring regulated digital money to everyday payments and commercial uses while linking traditional payment infrastructure with emerging digital finance.

StablecoinsAnchorpointStandard CharteredHSBC

SSouth China Morning Post★★☆☆☆2026-10-25 23:00Original