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MARKETS & PAYMENTS

Markets & Payments

Follow changes in digital-asset markets, stablecoins and payment networks. We examine figures, company statements and market events, explain the evidence behind each story, and make clear what remains uncertain.

HSBC Launches RedCoin Stablecoin Through PayMe in Hong Kong | BlockBriefing editorial illustration Markets & Payments

HSBC Launches RedCoin Stablecoin Through PayMe in Hong Kong

HSBC has launched its Hong Kong dollar stablecoin, RedCoin, through PayMe. Wallet access will roll out in stages to more than 3.3 million users, with payments first and tokenised investments planned later.

By · Updated October 25, 2026