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HSBC Names New Stablecoin RedCoin for Hong Kong Payments

HSBC names RedCoin, its new Hong Kong stablecoin, targeting P2P transfers, merchant payments, and future corporate financial services. HSBC has named its upcoming Hong Kong dollar stablecoin HSBC RedCoin, with payments planned for its initial rollout. The bank officially revealed its name on 30th September 2026. The project will first...