Payment startup Bitspark released stablon Sparkdex.HKD is pegged to Hong Kong dollar. About it reports the local edition of the Fintech Hong Kong.

According to the company, the world’s first “stable coin” on the basis of the monetary unit Hong Kong (HKD).

“So far the market was dominated by stabilini tied to the U.S. dollar. However, in the world there are many other national currencies, including the Hong Kong dollar. We are proud that we were the pioneers in this niche”, — said CEO and co-founder of Bitspark George Harrap.

Sparkdex.The HKD is backed by reserves Bitspark in Vietnam HKD. The coin will be regularly audited and quarterly publish the results.

New stablon is already in the listing decentralized exchanges Sparkdex (a division of Bitspark) and BitShares.

Earlier ForkLog reported that recently underwent an audit, which is becoming popular stablon USDC.