Key Highlights HSBC has named its forthcoming Hong Kong dollar stablecoin HSBC RedCoin. The stablecoin is planned to launch before the end of the year through PayMe and the HSBC HK Mobile App. Initial use cases will focus on person-to-person transfers and person-to-merchant payments before potential expansion to corporate and institutional applications. HSBC Names Hong ...
Key Highlights: Cross-border remittances and merchant payments were each recognized by 52%. HSBC said 60% correctly identified stablecoins as fiat-backed digital assets. HSBC is expanding digital-asset education while testing tokenized sterling deposits in live customer transactions. HSBC highlights gaps in stablecoin understanding HSBC said cross-border remittances and merchant payments were each recognized by 52% in ...
Key Highlights London Stock Exchange Group (LSEG) plans to launch 24/5 trading under the LSEG24 brand in the first half of 2027, alongside a new digital securities depository and tokenized equity products. LSEG has partnered with crypto exchange Kraken for listings on the digital depository and signed a memorandum of understanding with HSBC for an ...