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HSBC Names New Hong Kong Stablecoin ‘RedCoin’ as Launch Nears
Coinpedia·September 30, 2026·1 min read
HSBC, Hong Kong's largest bank, named its upcoming Hong Kong dollar-backed stablecoin HSBC RedCoin. The bank plans to launch before end of 2026, starting with everyday transfers and merchant payments, then expanding to corporate and institutional use. This marks a major step into digital payments for the bank.
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