HSBC and Ant International completed UAE dirham and cross-border dollar deposit-token pilots. The 24/7 bank service spans six markets; transaction sizes remain undisclosed.
HSBC names its Hong Kong dollar stablecoin RedCoin ahead of a 2026 PayMe rollout. Launch is still pending; existing app users are not token holders.
HSBC completed its first blockchain-native structured-note placement in Hong Kong, with Marketnode handling tokenization and payment flows.
Swift's new blockchain ledger is ready for initial use, with 17 banks preparing tokenized-deposit pilots for 24/7 cross-border payments.