Thursday night, August 13, 2026, closes with a volatile mix of hardware crises and software milestones. While the GPU market buckles under AI-driven demand pushing RTX 5090 prices to record highs, the gaming and digital health sectors celebrate historic crossovers—from Madden breaking its Nintendo absence to Samsung transforming earbuds into medical devices.
Hong Kong Launches HKDAP: First Regulated HKD Stablecoin On August 12, 2026, Anchorpoint a joint venture between Standard Chartered, Animoca Brands, and HKT officially launched HKDAP: the first regulated
Hong Kong Dollar stablecoin operating under direct supervision of the Hong Kong Monetary Authority (HKMA). This marks a strategic pivot in Asia's stablecoin market away from reliance on US dollar-backed
tokens toward building independent digital financial infrastructure. [IMAGE_PLACEHOLDER_1] HKDAP is currently accessible only to institutional and professional users banks, investment funds, and licensed
financial firms. Retail access for general consumers is scheduled to activate by the end of 2026. The stablecoin is distributed through two regulated Hong Kong exchanges HashKey Exchange and OSL HK with
each HKDAP token backed 1:1 by Hong Kong Dollars held in segregated reserve accounts. Anchorpoint Digital Limited is a three-party consortium: Standard Chartered: One of Asia's largest international banks
with deep expertise across the region Animoca Brands: Global leader in Web3, NFT ecosystems, and blockchain gaming HKT: Hong Kong's largest telecommunications provider Mechanism: Each HKDAP is backed by
one physical Hong Kong Dollar (HKD) Cash reserves held in separate custody accounts HKMA conducts direct oversight and auditing Use cases: cross-border settlements, tokenized funds, trade finance "} -->
Why Hong Kong Needed Its Own Stablecoin The global stablecoin market is almost entirely dominated by the US dollar. USDT (Tether) and USDC (Circle) together control over 85% of market share. This dependency
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