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HSBC Brings Hong Kong Dollar Stablecoin To PayMe As Retail Rollout Begins

Source: NewsBTC ·
Torn U.S. one-dollar bill on a white background
File photo Images_of_Money / Flickr · CC BY 2.0 · Source

The Quick Take

HSBC has launched its Hong Kong dollar-backed RedCoin for payments through PayMe, with wallet activation set to expand to millions of users over the coming days.

Read the full story at NewsBTC

Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to NewsBTC.

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American Express is cutting 5% of its workforce to 'prepare for AI'

Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.

CNBC · Wall Street in New York's Financial District with flags hanging from buildings Markets

10-year Treasury yield drops back to 5% this week as investors seek cover from AI worries

The 10-year Treasury yield stayed below 5% Friday after AI-driven tech selling sent investors into government bonds.

CNBC ·