Decrypt·
Hong Kong’s Biggest Bank Puts a Stablecoin in 3 Million Wallets
8 outlets reporting
3M
PayMe wallets
HSBC switched on its Hong Kong dollar stablecoin inside PayMe on Friday, testing whether a bank-issued token can become everyday money.
Also covered by 7 outlets
- The Block ↗HSBC rolls out its first HKD stablecoin RedCoin to retail users
- BitcoinKE ↗STABLECOINS | HSBC Launches RedCoin, a Hong Kong Dollar-Backed Stablecoin
- TokenPost ↗HSBC Launches RedCoin, Targeting More Than 3.3 Million PayMe Users
- Bitcoin.com News ↗HSBC Launches First Stablecoin, Bringing Hong Kong Dollar Payments to 3.3M Users
- TokenPost ↗HSBC Starts RedCoin Rollout in Hong Kong With Payment Features
- Cryptopolitan ↗PayMe's 3.3 million users get HSBC's Hong Kong dollar stablecoin RedCoin
- CryptoSlate ↗3.3M users gain HSBC RedCoin, yet 1 strict rule blocks them
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