HSBC will launch its Hong Kong dollar-backed stablecoin in stages from Friday for more than 3.3 million users of its PayMe app, as the bank pushes to bring digital currencies into the city’s mainstream retail and investment markets.
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October 22, 2026 at 11:00 PM
HSBC RedCoin stablecoin launches for 3.3 million PayMe users in Hong Kong
SCMP Business
Excerpt from SCMP Business.