Hong Kong Dollar-Pegged Stablecoin Set to Launch in a Few Weeks

March 21, 2024 Tóth Balázs

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Conflux, the Chinese layer 1 blockchain project, has announced a partnership with AnchorX to jointly create a stablecoin pegged to the Hong Kong dollar. Beta tests are currently underway for AxHKD, with OKLink Trust serving as the custodian, and plans to launch in the second quarter of this year.

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Hong Kong Dollar-Pegged Stablecoin Set to Launch in a Few Weeks

Conflux, the Chinese layer 1 blockchain project, has announced a partnership with AnchorX to jointly create a stablecoin pegged to the Hong Kong dollar. Beta tests are currently underway for AxHKD, with OKLink Trust serving as the custodian, and plans to launch in the second quarter of this year.

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