HSBC says Hong Kong dollar stablecoin RedCoin attracted approximately 1 users in more than 50000 weeks since launch, with plans to expand to several million
HSBC said that the Hong Kong dollar retail stablecoin RedCoin attracted approximately 1 users in more than 50000 weeks since launch and plans to expand to several million users. Merchant payment and wallet top-up functions have launched and will subsequently cover more HSBC and Hang Seng customers.