Defi
Hong Kong takes tokenized settlement to 24/7, plans stablecoin trials
Cointelegraph·November 2, 2026·1 min read
The HKMA plans to bring regulated stablecoins into tokenized government debt trials. HSBC's RedCoin stablecoin has reached 50,000 users. The move pushes Hong Kong's tokenized settlement toward 24/7 operation, integrating stablecoins into official debt markets and expanding the city's digital asset infrastructure.
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