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HSBC names RedCoin as its planned Hong Kong dollar stablecoin
HSBC has named its planned Hong Kong dollar stablecoin RedCoin. The bank plans a launch in Hong Kong, with payments in focus.
- HSBC named RedCoin as the official name of its planned Hong Kong dollar stablecoin.
- 74% of surveyed customers recognized at least one stablecoin use case.
- 60% correctly identified stablecoins as fiat-backed digital assets, 26% said they were government-issued.
US spot Bitcoin ETFs extend nine-day inflow streak to about $3 billion
Trader Who Predicted XRP 2024 Breakout Teases Upcoming Bullish Move
Bitget hack funds moved through cross-chain swaps, reports say
LIT
−12.2%Bitcoin rises above $85,000 on softer-than-expected August inflation data
Bitcoin rose above $85,000 per CoinGecko data, posting a 1.8% gain at the time of reporting.
CFTC sends White House two rules on event contracts as swaps
The Commodity Futures Trading Commission sent two rule proposals to the White House for review on Sept. 29. One proposed rule would further define swaps to include event contracts.
UNI
−0.6%Stripe sets Open USD as default stablecoin for business payments
Open USD (OUSD) launched on September 30, 2026, operated by the Open Standard consortium. The group includes Visa, Mastercard, American Express, Coinbase, Shopify and Stripe, with over 200 total partners.
Cardano tests macro resistance as analyst cites nine-year compression
Cardano is trading around $0.25 as analyst Eric Van Tassel says ADA remains in a nine-year compression pattern, with rising support and a descending trendline from its 2021 peak.
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