RedCoin Goes Live as HSBC Takes Stablecoins to Millions of PayMe Users

HSBC has launched its Hong Kong dollar-backed stablecoin, RedCoin, rolling it out to more than 3.3 million PayMe app users starting October 23. The launch makes HSBC one of the first major global banks to bring a retail-facing stablecoin to market at this scale.  It arrives approximately six months after