Tool
HSBC RedCoin is a forthcoming Hong Kong-dollar-denominated stablecoin from HSBC. HSBC says it plans to launch the coin in the second half of 2026 under a licence granted in April 2026; it has not yet issued any stablecoins in Hong Kong. At launch, the stablecoin is planned to be available through PayMe and the HSBC HK Mobile App, initially for person-to-person and person-to-merchant payments, with later expansion to wholesale corporate and institutional uses.
1 use taken from transcripts — each links to the moment in the video.
HSBC is described as creating its own stablecoin, which the video says will be called RedCoin.
1 in the library.