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Hong Kong takes tokenized settlement to 24/7, plans stablecoin trials

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Cointelegraph
By Cointelegraph by Ezra Reguerra
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Hong Kong takes tokenized settlement to 24/7, plans stablecoin trials
Photo / Coverage: CointelegraphCredit: Cointelegraph by Ezra Reguerra
EXECUTIVE SUMMARY

The HKMA plans to bring regulated stablecoins into tokenized government debt trials, while HSBC says its RedCoin stablecoin has reached 50,000 users.

Key Takeaways

  • Hong Kong takes tokenized settlement to 24/7, plans stablecoin trials.
  • The HKMA plans to bring regulated stablecoins into tokenized government debt trials, while HSBC says its RedCoin stablecoin has reached 50,000 users.
  • The HKMA plans to bring regulated stablecoins into tokenized government debt trials, while HSBC says its RedCoin stablecoin has reached 50,000 users.

The HKMA plans to bring regulated stablecoins into tokenized government debt trials, while HSBC says its RedCoin stablecoin has reached 50,000 users.

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