HSBC plans to allow customers to use its new HKD stablecoin to subscribe to tokenized investment products later this year, starting with a new share class of its Hong Kong dollar money market fund.
The move marks HSBC's expansion into stablecoin-enabled fund subscriptions, linking its proprietary digital currency directly to tokenized asset offerings in the Hong Kong market.
HSBC to Enable HKD Stablecoin Subscriptions for Tokenized Investment Products
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