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  1. HSBC RedCoin Stablecoin Launches on PayMe for 3.3 Million Users

    HSBC introduced its HKD stablecoin RedCoin on PayMe on 23 October 2026, giving 3.3 million users access to P2P transfers and merchant payments backed by segregated reserves.

  2. HSBC RedCoin Launches for Retail Payments in Hong Kong PayMe App

    HSBC issues its first HKD stablecoin RedCoin on 23 October 2026, enabling instant P2P and merchant payments inside the PayMe by HSBC app for over 3.3 million users.