Defi
HSBC launches Hong Kong dollar stablecoin for retail payments
Cointelegraph·October 23, 2026·1 min read
HSBC is rolling out RedCoin wallets to PayMe users, launching a Hong Kong dollar stablecoin for retail payments. The bank plans to support tokenized investment subscriptions and expand into institutional uses, marking a major step for traditional finance in the stablecoin space.
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