HSBC Weighs Non-HKD Stablecoins for Cross-Border Remittances

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Anna Gu said HSBC is considering stablecoins denominated in non-HKD currencies. The products are expected to optimize cross-border remittance services for Hong Kong and other regions. Gu also said HSBC plans to launch an HKD stablecoin as early as the second half of this year.
HSBC-3.48%
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