Jacquelyn Melinek(@jacqmelinek):JUST IN: @HSBC is rolling out its Hong Kong dollar stablecoin, HSBC RedCoin, to its 3.3M+ PayMe app users starting Friday, @SCMPNews reported This comes about 6 months after HSBC announced its stablecoin issuer license from the HKMA in April (image below.) “HSBC plans to fully integrate the stablecoin into its Hong Kong mobile banking app by year-end. It will allow customers to instantly subscribe to tokenised asset products, including money-market funds,” SCMP stated.

Jacquelyn Melinek

@jacqmelinek

Award-nominated host and founder of @StrataMedia_ (Brands: @TokenRelations, @_TalkingTokens & @TheMarketRunup) Also co-host of @CryptoAmerica_

Joined September 2018

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Jacquelyn Melinek@jacqmelinek

2026.10.23 00:09

JUST IN: @HSBC is rolling out its Hong Kong dollar stablecoin, HSBC RedCoin, to its 3.3M+ PayMe app users starting Friday, @SCMPNews reported This comes about 6 months after HSBC announced its stablecoin issuer license from the HKMA in April (image below.) “HSBC plans to fully integrate the stablecoin into its Hong Kong mobile banking app by year-end. It will allow customers to instantly subscribe to tokenised asset products, including money-market funds,” SCMP stated.