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HSBC RedCoin stablecoin launches for 3.3 million PayMe users in Hong Kong

22 Oct 2026, 23:00 UTC · 1 source
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🚨 HSBC TO LAUNCH HONG KONG DOLLAR-STABLECOIN IN STAGES It will roll out from Friday for more than 3.3 million PayMe users. HSBC RedCoin is available only through PayMe and HSBC’s Hong Kong mobile banking app. It will initially support peer-to-peer transfers and peer-to-merchant payments on PayMe, according to Lawrence Li. Source: South China Morning Post #HSBC #RedCoin #PayMe #HongKong

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