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Hong Kong’s Biggest Bank Puts a Stablecoin in 3 Million Wallets

Decrypt·October 24, 2026·1 min read
Hong Kong’s Biggest Bank Puts a Stablecoin in 3 Million Wallets

HSBC switched on its Hong Kong dollar stablecoin inside PayMe on Friday, testing whether a bank-issued token can become everyday money. The move puts the stablecoin in reach of 3 million PayMe wallets, marking a major step for bank-issued digital currency adoption in Hong Kong.

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