Entity

RedCoin

RedCoin is a Hong Kong dollar-backed stablecoin developed by HSBC for its 3.3 million PayMe users.

Why it’s in the news: It is in the news as HSBC prepares to launch the stablecoin.

Latest on RedCoin

  • HSBC prepares for the launch of HK$-backed stablecoin, RedCoin
  • HSBC unveils RedCoin as name of its Hong Kong stablecoin for 3.3 million PayMe users

Connections

4 entities linked to RedCoin across the news graph.

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