Friday, October 23, 2026Live markets
BBTC$81,414.50 -0.27%EETH$2,395.08 -0.27%BBNB$745.07 +1.70%XXRP$1.31 -1.08%SSOL$104.04 -0.64%TTRX$0.3295 -0.25%ZZEC$1,233.27 -0.95%HHYPE$77.94 -0.32%DDOGE$0.0795 +0.09%XXMR$606.02 -2.36%LLINK$11.95 -0.73%AADA$0.2154 -0.28%NNEAR$4.86 -2.76%XXLM$0.1759 -0.70%
RegulationSource: Blockchain Reporter ·

HSBC Launches RedCoin, Its First Hong Kong Dollar Stablecoin, for 3.3 Million PayMe Users

HSBC's first stablecoin, RedCoin, is redeemable one-for-one for the Hong Kong dollar and issued under HKMA licence FRS02 for payments inside PayMe.

Summary from Blockchain Reporter

Read the full story on Blockchain Reporter →

This headline and summary were published by Blockchain Reporter. CryptoNewsroom did not write or verify this story and shows it only as a pointer to the original. See how we select sources. Nothing here is financial advice.

From our newsroom

All →

More Regulation headlines

All →