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Evidence record

HSBC RedCoin launches today

Read the item · published 2026-10-23

Evidence

Confidence
Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
Quote verified
2026-10-23 17:36 UTC
Archived snapshot
SHA-256 ae4dedb53184ac49a7a900e9baf2c084df2d36083aea4457bb26fb5848562342 · fetched 2026-10-23 · Wayback Machine copy ↗
Source type
Official institutional HSBC Hong Kong ↗
Saved excerpt around the quote (source text, 2026-10-23)
… relations Information for shareholders Results quick read Our investment case The Hongkong Bank Foundation Share Share link to this page on X Share link to this page on Facebook Share link to this page on LinkedIn 23 October 2026 HSBC RedCoin launches today HSBC RedCoin (Ticker: RCHKD), the bank's first stablecoin, will be available from today on PayMe by HSBC. Licensed and regulated by the Hong Kong Monetary Authority (HKMA), HSBC RedCoin is HKD denominated and underpinned by HSBC's technology and security capabilities. HSBC RedCoin corresponds with the high standards of financial crime controls that are …
Change log (4)
  1. 2026-10-23 Newsroom 2026-10-23 eve: +MAS/BNM/BOT BLOOM cross-border digital money (Tier 1, MAS media release); bank-negara-malaysia, bank-of-thailand entities; verify snap (b20c97d)
  2. 2026-10-23 Newsroom 2026-10-23 PM: +Riksbank letter to Riksdag Finance Committee on digital krona (PDF, Tier 1); riksbank entity; CBDC tracker entry; verify snapshots, pag (240394a)
  3. 2026-10-23 Tracker: HSBC RedCoin commercial status -> Live (23 Oct 2026, HSBC release); +SoFi Earn (SOFIE) initiative, SoFi institution, 2 sources; vfetch: one 5s retry on (cebc8d1)
  4. 2026-10-23 Newsroom 2026-10-23: +HSBC RedCoin live on PayMe (HKMA-licensed HKD stablecoin), +SoFi Earn (SOFIE) consumer tokenized deposit (via Nasdaq/Business Wire; SoFi I (62c1ed5)

Verified quotes

  • “HSBC RedCoin (Ticker: RCHKD), the bank’s first stablecoin, will be available from today on PayMe by HSBC.”
  • “HSBC Digital Assets Custody provides safekeeping services for HSBC RedCoin.”
  • “Peer-to-merchant (P2M) payments: Pay directly with stablecoins at more than 100,000 merchants through PayMe.”

String-matched against https://www.about.hsbc.com.hk/news-and-media/hsbc-redcoin-launches-today by scripts/verify.mjs before every deploy.

AI-drafted from the primary source; quote string-matched by scripts/verify.mjs · AI-assisted