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HSBC launches first Hong Kong dollar stablecoin RedCoin for retail users

Source: www.theblock.co
According to The Block, HSBC launched its first Hong Kong dollar stablecoin, RedCoin, for retail users on October 23, 2026. PayMe users will be able to activate a stablecoin wallet within the app over the next few days for peer-to-peer and person-to-merchant payments.

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