
HSBC launches Hong Kong USD stablecoin that moves only inside its own apps
HSBC's RedCoin stablecoin pays 0% and never leaves its apps. Why that's the template for banks, plus Canada's stablecoin yield ban and the week ahead.
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Tuesday, 27 October 2026

HSBC's RedCoin stablecoin pays 0% and never leaves its apps. Why that's the template for banks, plus Canada's stablecoin yield ban and the week ahead.
Read the story →
The OCC leaves room for stablecoin rewards, SoFi pays 4.40% on a bank token, 16 companies reject tokenized trading and banks take custody in-house.
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How stablecoins are rebuilding global finance and commerce.
Compare 120 banks and financial institutions across eight observable capabilities.
JPMorgan Chase
94
BNY
88
Standard Chartered
88
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