Overview
On September 30, 2026, hsbc unveiled hsbc-redcoin — its Hong Kong-dollar stablecoin brand ahead of a planned H2 2026 launch under an HKMA issuer licence granted in April 2026.
Key Facts
- Distribution at launch: PayMe and HSBC HK Mobile App only
- Customer survey (n=1,060): 74% recognise stablecoin use cases; phased P2P/P2M rollout first
- HSBC has not yet issued any stablecoins — brand/pre-launch stage
Related
- hsbc
- hsbc-redcoin
- hong-kong-pmccc
- stablecoin
- visa-lloyds-stablecoin-settlement-trials
- brazil-csd-br-xrp-ledger