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1 outlets · filed 30 September 2026

HSBC unveils RedCoin as name of Hong Kong stablecoin for 3.3 million PayMe users

This story is from the archive. It was covered between 30 September 2026 and 30 September 2026, and nothing below has been updated since. See what is happening now.

HSBC on Wednesday named its stablecoin offering HSBC RedCoin, paving the way for Hong Kong’s biggest lender to make the coin available to the more than 3.3 million users of its PayMe app for money transfers, shopping and dining. When launched before the end of the year, the stablecoin would be offer

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South China Morning Post

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