company
HSBC
HSBC is a company that holds a Hong Kong stablecoin issuer licence and issues RedCoin (RCHKD), its first Hong Kong dollar stablecoin, which is live on PayMe.
Key facts
- Stablecoin issuer licence
- Issued by the HKMA in April 2026, among its first stablecoin licences, alongside Anchorpoint Financialsource
- Licence number
- FRS02, granted by the Hong Kong Monetary Authority (HKMA)source
- RedCoin on PayMe
- RedCoin (RCHKD) is now live on PayMe, according to HSBC's RedCoin pagesource
- PayMe users
- More than 3.3 million users can send money and pay at over 100,000 merchants with RedCoinsource
WYDE coverage of HSBC
WYDE Newsroom has published one article about HSBC, on Oct 24, 2026. HSBC is the subject of 1 story. The most recent is HSBC RedCoin Stablecoin Goes Live on PayMe for More Than 3.3 Million Users.
Sources
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