According to CoinMeta, Sui Wai-yee, the Chief Executive Officer of Standard Chartered Hong Kong and Greater China and North Asia, announced that Standard Chartered Hong Kong will unveil the issuance plan for the Hong Kong dollar stablecoin HKDAP and the details regarding distributor agreements within August. As the issuer, Dockpoint Finance will distribute HKDAP to corporate and institutional clients through recognized distributors for use in cross-border settlements and tokenized assets, among other scenarios.