HSBC2026-10-02 08:27:24HSBC names its Hong Kong stablecoin RedCoin, with P2P and P2M payments firstHSBC has named its Hong Kong stablecoin HSBC RedCoin, according to a news brief cited by HK01. The bank said the first phase will focus on person-to-person (P2P) payments and person-to-merchant (P2M) payments. The scope is set to expand later to commercial finance and enterprise use cases. Margaret Kwan, Chief Executive Officer, Hong Kong at HSBC, and Head of Retail Banking and Wealth Management, said the launch of the stablecoin is a starting point for supporting financial innovation in Hong Kong. The update was published by Odaily as a 7x24 newsflash and did not disclose additional rollout details in the brief.350
TikTok2026-08-19 11:53:29TikTok iPhone code points to possible P2P transfers inside direct messagesTikTok may be exploring a feature that would let users send money to friends inside direct messages. According to a TechCrunch report citing Bloomberg on Aug. 18, traces of a peer-to-peer payment tool were found in the current code of TikTok’s U.S. iPhone app, suggesting the social media company is studying a broader push into financial services. The code appears to describe a flow in which recipients must accept funds before they expire, while senders receive status updates through push notifications or an inbox. It also references the option to attach a message to a transfer, a setup described as similar to PayPal-owned Venmo. Bloomberg’s report said transactions would likely be handled by TikTok Pay, the payment service the company already operates in Southeast Asia. TikTok said it is not testing the feature in any market and does not guarantee it will launch. The code does not mention cryptocurrency or stablecoins, placing the effort in the category of traditional fiat P2P payments rather than crypto-based transfers.650
Paypal2026-07-09 22:00:13Paypal Launches Personalized Payment Links, Crypto P2P Transfers Coming SoonPaypal has introduced Paypal Links, a new way to send and receive money via one-time personalized links, and confirmed that crypto functionality including Bitcoin, Ethereum, and PYUSD will soon be integrated into its P2P payment flow, enabling seamless transfers across Paypal, Venmo, and global digital wallets.490
