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Reuters

Reuters

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World

Standard Chartered, HKT, Animoca to form JV for HK dollar-backed stablecoin

Reuters
Summary
Nutrition label

82% Informative

Standard Chartered said it has entered agreements with Animoca Brands , a company which specialises in Web3 for leveraging blockchains, and HKT , a major telecommunications service provider in Hong Kong .

StanChart said it looks forward to becoming one of the first issuers launching an HKD -backed stablecoin.

VR Score

91

Informative language

98

Neutral language

50

Article tone

formal

Language

English

Language complexity

82

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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