HSBC Launches RedCoin Stablecoin for 3.3 Million PayMe Users in Hong Kong

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HSBC is bringing its Hong Kong dollar-backed RedCoin stablecoin to more than 3.3 million PayMe users starting October 23, 2026. The launch will allow customers to send money and pay merchants instantly, with no extra account requirements.  The bank also plans to use RedCoin for tokenized investments starting from just HK$100. HSBC Rolls Out RedCoin …