According to Mobile Payment Network, HSBC's Global Head of Custody Product, Gu Zhongyi, stated that HSBC is considering offering stablecoins denominated in currencies other than the Hong Kong dollar. Once launched, such products are expected to enhance cross-border transfer services in Hong Kong and other regions. HSBC is also exploring the integration of other regulated stablecoins in Hong Kong. Gu Zhongyi added that a diversified stablecoin market is a key pillar for the robust development of Hong Kong's digital asset ecosystem. HSBC plans to launch an HKD stablecoin as early as the second half of the year, with the issued stablecoin integrated into its own app's investment and payment processes, supporting tokenized asset investments. https://(wublock123.com)/news/hsbc-to-offer-non-hkd-denominated-stablecoin-62459