New Coin Listing
HSBC launches RedCoin HKD stablecoin for PayMe users
HSBC has introduced its first Hong Kong dollar (HKD) stablecoin named RedCoin for retail customers. The stablecoin will be available through the bank’s PayMe mobile payment platform. PayMe users are expected to be able to activate a RedCoin wallet within the app in the coming days, enabling peer‑to‑peer and peer‑to‑merchant transactions. The announcement was reported by The Block.