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Hong Kong stablecoin issuer IDA integrates Chainlink to enhance transparency of Hong Kong Dollar stablecoin HKDA
Golden Finance reported that Hong Kong stablecoin issuer IDA announced the integration of Chainlink to enhance the transparency of the Hong Kong dollar stablecoin HKDA. It is reported that IDA intends to use Chainlink's tokenization asset standard service, including Chainlink's proof of reserve (PoR) for verifying asset collateral and Chainlink's Cross-Chain Interaction interoperability protocol (CCIP) for secure data and value transfer across chains, enabling HKDA stablecoin to securely move across multiple on-chain blocks.