#Georges Elhedery
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HSBC sees rapid take-up for RedCoin stablecoin, unveils glo…
HSBC said its RedCoin retail stablecoin has attracted 50,000 users since its official launch just over a week ago, as the city’s largest lender remains committed to exploring new technologies in the city. The figures were revealed by HSBC group CEO Georges Elhedery during a panel discussion on the first day of Hong Kong FinTech Week which kicked off on Monday. Elhedery also attributed the quick ramp-up to the “comfortable” regulatory environment that the Hong Kong Monetary Authority (HKMA) had...
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