The HKMA plans to bring regulated stablecoins into tokenized government debt trials, while HSBC says its RedCoin stablecoin has reached 50,000 users.
Hong Kong takes tokenized settlement to 24/7, plans stablecoin trials
More in Hong Kong
See all
HSBC launches first stablecoin for 3.3 million PayMe users in Hong Kong
HSBC has launched its first stablecoin, RedCoin (RCHKD), through its PayMe payments app in Hong Kong, bringing bank-issued digital money within reach…
Crypto Reporter
31 Oct 2026
Solana Targets Hong Kong Banks to Tap Into the $14 Billion Stablecoin Market
The Solana Foundation joined forces with Anchorpoint Financial , an institutional issuer regulated by the Hong Kong Monetary Authority (HKMA) and backed…
Crypto Economy
31 Oct 2026
Hong Kong holds base rate at 4.25%: why the HKMA always moves in lockstep with the Fed
For Hong Kong, the decision confirms that local borrowing costs stay tied to the Fed’s hiking path, regardless of domestic conditions. Mortgage…
Forex Live
29 Oct 2026
