HSBC’s forthcoming Hong Kong dollar stablecoin will begin with person-to-person transfers and merchant payments before soon expanding to wholesale corporate and institutional use cases. A survey of 1,060 customers accompanied the Sept. 30 naming announcement, revealing knowledge gaps and demand for safeguards. HSBC Redcoin Targets Transfers and Merchant Payments Hong Kong users will initially be […]
Source: https://news.bitcoin.com/stablecoins/hsbc-redcoin-to-start-with-transfers-and-payments-in-hong-kong/
