BitcoinKE·
STABLECOINS | HSBC Launches RedCoin, a Hong Kong Dollar-Backed Stablecoin
2 outlets reporting
3.3M users
PayMe user base
HSBC has launched its first Hong Kong dollar-backed stablecoin, RedCoin, through its PayMe payments platform, targeting more than 3.3 million users as the bank expands its digital asset business. The stablecoin, which is licensed and…