Defi

HSBC Names Hong Kong Dollar Stablecoin ‘RedCoin’ Ahead of H2 2026 Launch

CoinGape·September 30, 2026·1 min read

HSBC named its Hong Kong dollar stablecoin 'RedCoin' on September 30, 2026, confirming a second-half 2026 rollout via PayMe and the HSBC HK Mobile App. The stablecoin will be pegged 1:1 to the Hong Kong dollar, expanding the bank's digital asset offerings.

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