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Stablecoins

Standard Chartered-Led Anchorpoint Plans Retail Stablecoin

An Anchorpoint consortium led by Standard Chartered plans to issue a retail stablecoin on a public blockchain.

Standard Chartered-Led Anchorpoint Plans Retail Stablecoin
Image: BullishMarketCap

According to the South China Morning Post, an Anchorpoint consortium led by Standard Chartered is planning to issue a retail stablecoin on a public blockchain.

Project Plans

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The initiative focuses on deploying the retail-oriented stablecoin within public blockchain infrastructure, marking another institutional step into digital asset issuance.

Key Facts

  • The initiative is led by Standard Chartered through the Anchorpoint consortium.
  • The project involves the issuance of a retail stablecoin.
  • The token is planned for deployment on a public blockchain.
#Stablecoins#StandardChartered#Blockchain

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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