According to CoinMeta, as reported by Cointelegraph, DBS Bank, Animoca Brands, and Anchorpoint (a joint venture with Hong Kong Telecom) will proceed cautiously with the launch of a Hong Kong dollar stablecoin service for retail investors. The company previously stated that it could potentially open this service to retail investors by the end of 2026, but CEO Dominic Maffei did not confirm this timeline at a press conference, stating that it is more reasonable to develop the market in a long-term and sustainable manner, as a hasty launch would not be appropriate. Anchorpoint already launched an institutional stablecoin product in August.