Approximately HK$90.36 million of HSBC Hong Kong dollar stablecoins are in circulation.
Around 11-06, HSBC’s website disclosed that RedCoin (RCHKD) had a circulating face value of approximately HK$90.36 million, with reserves of approximately HK$91.36 million (all cash). Around 11-02, FinTech Week disclosed that PayMe had approximately 50,000 users.
Eligible users can use PayMe for P2P and merchant payments; the issuance licence is HKMA FRS02.
User count ≠ number of completed payments; RedCoin ≠ deposits covered by deposit protection.
#汇丰RedCoin港元稳定币 $BNB
Around 11-06, HSBC’s website disclosed that RedCoin (RCHKD) had a circulating face value of approximately HK$90.36 million, with reserves of approximately HK$91.36 million (all cash). Around 11-02, FinTech Week disclosed that PayMe had approximately 50,000 users.
Eligible users can use PayMe for P2P and merchant payments; the issuance licence is HKMA FRS02.
User count ≠ number of completed payments; RedCoin ≠ deposits covered by deposit protection.
#汇丰RedCoin港元稳定币 $BNB
