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Developing2 outlets · over 5 hours

HSBC Launches HKD Stablecoin RedCoin

HSBC launches RedCoin, its first licensed Hong Kong dollar stablecoin, available from Friday via PayMe for over 100,000 merchants. More than 3.3 million users can activate wallets in the coming days following the Stablecoins Ordinance taking effect in August 2025 and April 2026 licenses.

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The story so far2 updates, latest first.

Latest
What changedPlans to introduce wallets to HSBC HK Mobile Banking App later this year
HSBC launches Hong Kong dollar stablecoin
CCointelegraph·about 1 hour ago
HSBC Launches HKD Stablecoin RedCoin
TThe Block·about 6 hours ago

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