one ️⃣ HSBC officially introduces Hong Kong dollar stablecoin into PayMe, HSBC officially announced that its first Hong Kong dollar stablecoin, RedCoin (RCHKD), has officially entered PayMe. According to the announcement, over 3.3 million PayMe users will gradually be able to open stablecoin wallets within the app in the coming days, enabling personal transfers and payments to over 100000 merchants. HSBC also plans to introduce RedCoin into the HSBC Hong Kong Banking App later this year and support subscription of tokenized investment products, including a new share category for Hong Kong dollar money market funds. two ️⃣ OKX and ICE's stock tokenization plan has encountered more opposition from issuers. This reminds me of a question: when we turn stocks into tokens, we can achieve round the clock trading, but does it also mean issuer recognition, complete shareholder rights, and reliable price discovery? It may take more time. three ️⃣ The US SEC has included tokenization and advanced AI as key inspection priorities for the new fiscal year. This includes securities tokenization, advanced AI technology, network security, customer information protection, and investor protection for complex financial products. The SEC states that these areas are risk areas that regulatory agencies consider to require special attention. The new financial infrastructure is entering the practical application stage, but user adoption, legal rights, and risk control still need to be verified.