HSBC Launches RedCoin Stablecoin and Plans to Let Customers Buy Tokenized Funds With It

Article Unchained Friday, 23 October 2026

The bank's payments app will let customers switch on stablecoin wallets for transfers and payments at more than 100,000 merchants, with a tokenized money market fund share class planned later this year.

The post HSBC Launches RedCoin Stablecoin and Plans to Let Customers Buy Tokenized Funds With It appeared first on Unchained.

Read the full story at Unchained ↗

This is the summary Unchained publishes in its feed. The full article lives on their site.

Article Unchained 39m ago

Blumenthal Asks Tether to Detail Every Payment to Nxum, Bo Hines’ Consulting Firm

The ranking member of the Senate's investigations subcommittee gave Tether and Nxum until early November to turn over contracts, payment details and messages tied to the firm co-founded...

Article CoinDesk 1h ago

HSBC rolls out its first stablecoin to over 3 million everyday app users

Article Unchained 1h ago

Ex-Circle Engineer Takes Trump to Court Over Emirati Payments to World Liberty Financial

Circle reportedly says it did not authorize the derivative suit filed on its behalf, which accuses Trump of taking foreign emoluments through World Liberty Financial. The post Ex-Circle...

Article The Block 1h ago

South Korea to amend forex law to regulate stablecoins as payment instruments: report

South Korea is currently developing the Digital Asset Basic Act, which seeks to establish a comprehensive framework for crypto.

Article Unchained 1h ago

Chainlink Expands LG Tech Arm Tie-Up Into Formal Partnership on Korean Stablecoins

The deal, which follows an Oct. 6 memorandum on LG CNS's KITL platform, brings Chainlink's full stack to LG CNS, the lead contractor on the Bank of Korea's Project Hangang. The post...

Article Unchained 1h ago

Blockchain Association Urges Congress to Pass Crypto Tax Rules, Lays Out 10 Principles

In a letter to the four party leaders in Congress, the trade group asked for a de minimis exemption, wash sale rules for crypto and no tax on moves between a holder's own wallets. The...