HSBC Plans to Launch HKD and Non-HKD Stablecoins in H2 2026

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According to Odaily, HSBC plans to launch Hong Kong Dollar stablecoins by the second half of 2026, with potential to optimize cross-border payment services. The bank is also considering offering stablecoins denominated in non-HKD currencies and integrating other HKMA-regulated stablecoins. The issued stablecoins will be embedded into HSBC's mobile app investment and payment workflows, enabling tokenized asset transactions.
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