Hong Kong-based money transfer platform Bitspark has launched what is reportedly the first stablecoin pegged to the Hong Kong dollar (HKD), local tech and finance news outlet Fintech Hong Kong reports Jan. 29.
Bitspark, which has positioned itself as a platform where stablecoins form the medium of value transfer, launched the Sparkdex.HKD stablecoin as a feature on its SparkDEX decentralized exchange.
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