HSBC's move is steady; traditional banking apps now directly support stablecoins, making it accessible for ordinary people with no barriers.

CryptoWorld News reports that Janice, Managing Director of HSBC, said at the roundtable forum for the first tokenized product press conference by South East Asia East First that HSBC plans to directly connect the Hong Kong dollar stablecoin it will issue into the payment and investment flows of existing banking apps to support different tokenized investment options and drive the widespread use of regulated digital assets in the real economy. In addition, Janice also mentioned that in the future, HSBC will continue to expand tokenized products such as third-party finance, and will consider introducing stablecoins denominated in currencies other than Hong Kong dollars and other stablecoins that are regulated in Hong Kong.