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Hong Kong’s Biggest Bank Puts a Stablecoin in 3 Million Wallets

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Decrypt
By Jose Antonio Lanz
10/24/2026, 1:01:02 PM
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Hong Kong’s Biggest Bank Puts a Stablecoin in 3 Million Wallets
EXECUTIVE SUMMARY

HSBC switched on its Hong Kong dollar stablecoin inside PayMe on Friday, testing whether a bank-issued token can become everyday money.

Key Takeaways

  • Hong Kong’s Biggest Bank Puts a Stablecoin in 3 Million Wallets.
  • HSBC switched on its Hong Kong dollar stablecoin inside PayMe on Friday, testing whether a bank-issued token can become everyday money.
  • HSBC switched on its Hong Kong dollar stablecoin inside PayMe on Friday, testing whether a bank-issued token can become everyday money.

HSBC switched on its Hong Kong dollar stablecoin inside PayMe on Friday, testing whether a bank-issued token can become everyday money.

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