Hong Kong2026.10.22Odaily

HSBC Launches Stablecoin RedCoin, Available to PayMe's Over 3.3 Million Users

• HSBC (Hongkong and Shanghai Banking Corporation) has launched a new stablecoin called RedCoin.
• The stablecoin will be accessible through PayMe, HSBC's mobile payment service.
• PayMe currently serves over 3.3 million users who will gain access to RedCoin.