EconomyHSBC’s RedCoin stablecoin attracts 50,000 users in its first week
HSBC said its retail stablecoin RedCoin gained 50,000 users in slightly more than a week after its official launch. Group CEO Georges Elhedery disclosed the figure at a panel on the opening day of Hong Kong FinTech Week and credited the rapid uptake to the HKMA’s “comfortable” regulatory environment.
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South China Morning Post★★☆☆☆2026-11-02 07:59Original
HSBC’s RedCoin stablecoin attracts 50,000 users in its first week
Economy