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Hong Kong stablecoin issuer IDA integrates Chainlink to enhance the transparency of the Hong Kong dollar stablecoin HKDA

Hong Kong stablecoin issuer IDA has announced the integration of Chainlink to enhance the transparency of the Hong Kong dollar stablecoin HKDA. It is reported that IDA plans to use Chainlink's tokenized asset standard services, including Chainlink Proof of Reserve (PoR) for verifying asset collateral and Chainlink Cross-Chain Interoperability Protocol (CCIP) for secure movement of data and value across chains, to enable the safe transfer of HKDA stablecoins across multiple blockchains.