Crypto Update: HSBC Brings Stablecoin to 3.3M Users as Analysts Eye Pepeto 500x Run

October 30, 2026

Most people looking for a crypto update this week expect more bad news. Yet one of the biggest banks on earth just went the other way. HSBC opened RedCoin, its Hong Kong dollar stablecoin, to more than 3.3 million PayMe users, The Paypers reported.…

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