HSBC RedCoin reviews

Bank-issued stablecoinHong Kong dollar · The Hongkong and Shanghai Banking Corporation Limited

Do you like HSBC RedCoin?

Key facts

Issuer
The Hongkong and Shanghai Banking Corporation Limited
Legal home
Hong Kong
Launched
2026-10
Pegged to
Hong Kong dollar
Type
Bank-issued stablecoin
Who can hold it
Through the bank’s channels (PayMe)
Networks (per the issuer)
The bank’s own ledger

Checked on 2026-10-27 against the issuer’s and regulators’ pages (where the issuer is silent — industry press). Terms change — check the sources.

Regulation

Contracts by network

The issuer does not publish contract addresses on its pages.

Questions and answers

Who issues HSBC RedCoin?

HSBC RedCoin is issued by The Hongkong and Shanghai Banking Corporation Limited. Legal home: Hong Kong.

Who can hold HSBC RedCoin?

Through the bank’s channels (PayMe).

How is HSBC RedCoin regulated?

Hong Kong: licensed stablecoin issuer (HKMA).

Sources

Similar stablecoins

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