{"id":674758,"date":"2026-10-23T08:53:01","date_gmt":"2026-10-23T08:53:01","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/10\/23\/hsbc-launches-hong-kong-dollar-stablecoin-for-retail-payments\/"},"modified":"2026-10-23T08:53:01","modified_gmt":"2026-10-23T08:53:01","slug":"hsbc-launches-hong-kong-dollar-stablecoin-for-retail-payments","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/10\/23\/hsbc-launches-hong-kong-dollar-stablecoin-for-retail-payments\/","title":{"rendered":"HSBC launches Hong Kong dollar stablecoin for retail payments"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/2026\/10\/01M5KWVDV4958J4HW5KZ8FCECW\/hsbc-redcoin-stablecoin.png\" alt=\"HSBC launches Hong Kong dollar stablecoin for retail payments\" class=\"type:primaryImage\" \/><\/p>\n<p>HSBC is rolling out RedCoin wallets to PayMe users, with plans to support tokenized investment subscriptions and expand into institutional uses.<\/p>\n<p>HSBC has launched its first Hong Kong-dollar stablecoin, RedCoin (RCHKD), for transfers and merchant payments through its PayMe app.<\/p>\n<p>More than 3.3 million PayMe users will be able to activate stablecoin wallets in the app in the coming days, the bank <a href=\"https:\/\/www.about.hsbc.com.hk\/news-and-media\/hsbc-redcoin-launches-today\" rel=\"noopener noreferrer\" target=\"_blank\">announced<\/a> Friday.<\/p>\n<p>RedCoin is designed to be redeemable one-for-one for Hong Kong dollars. HSBC Digital Assets Custody provides safekeeping services for the stablecoin.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/hsbc-launches-redcoin-hong-kong-dollar-stablecoin-payme\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>HSBC is rolling out RedCoin wallets to PayMe users, with plans to support tokenized investment subscriptions and expand into institutional uses. HSBC has launched its first Hong Kong-dollar stablecoin, RedCoin (RCHKD), for transfers and merchant payments through its PayMe app. More than 3.3 million PayMe users will be able to activate stablecoin wallets in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":674759,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-674758","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/674758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=674758"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/674758\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/674759"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=674758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=674758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=674758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}