Hong Kong’s Biggest Bank Puts a Stablecoin in 3 Million Wallets
Summary
Hong Kong's largest bank has integrated its own stablecoin into the PayMe payment service. The institution launched the digital token to evaluate if bank-issued cryptocurrency can function effectively as everyday currency for consumers.
HSBC switched on its Hong Kong dollar stablecoin inside PayMe on Friday, testing whether a bank-issued token can become everyday money.
Source: Read the full story at Decrypt
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