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DeFiSource: Bitcoin.com News ·

HSBC Redcoin to Start With Transfers and Payments in Hong Kong

HSBC’s forthcoming Hong Kong dollar stablecoin will begin with person-to-person transfers and merchant payments before soon expanding to wholesale corporate and institutional use cases. A survey of 1,060 customers accompanied the Sept. 30 naming announcement, revealing knowledge gaps and demand for safeguards.

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