IDA partners with Bank of East Asia on HKD stablecoin trial
IDA Finance Hong Kong Limited announced Strategic collaboration and use case exploration with The Bank of East Asia, Limited on December 11, 2024.
- Primary
- IDA Finance Hong Kong Limited
- Counterparty
- The Bank of East Asia, Limited
- Structure
- Strategic collaboration and use case exploration
- Date
- December 11, 2024
- Sub-sector
- Crypto / Stablecoin
Explores HKD stablecoin integration into payment infrastructure to advance Hong Kong's digital asset market and improve merchant cash flow with 24/7 availability.
Source: tmcnet.com