Let the chart do the talking | HSBC will begin rolling out its Hong Kong dollar stablecoin RedCoin in phases starting today. The first phase will support peer-to-peer transfers and merchant payments.
News can change the pace, but is unlikely to change the trend; the trend still depends on the structure. Watch whether more media outlets follow up on this—the more it gets reposted, the greater the impact.
$BTC , down 1.44% intraday.