
HKDC
HKDC is a stablecoin that is backed by fiat reserves and pegged to the Hong Kong dollar at a 1:1 ratio.
DefiTrust Reserve has launched HKDC, a stablecoin that is backed by fiat reserves and pegged to the Hong Kong dollar at a 1:1 ratio. The custody of the fiat reserves is entrusted to reputable international banks, which are subject to regular audits by independent firms. The stablecoin will serve as a critical infrastructure for the Web3 ecosystem in Hong Kong, connecting to major CEXs, DEXs, web3 gaming, and NFT platforms.