✔ VERIFIED First reported by Crypto.news · Nov 2, 10:08 UTC · updated Nov 2, 15:15 UTC

HSBC’s Redcoin Stablecoin Draws 50k Users in Launch Week

While the bank ultimately wants Redcoin, one of the first regulated Hong Kong dollar stablecoins, to reach millions, the token has already seen meaningful adoption just one week after launching…

Common to all reports: HSBC · RedCoin Stablecoin · 50,000 · Launch

Confirmed by 6 sources

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Tags: Regulation, Stablecoin

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