The Hong Kong dollar settles on FPS, the territory's faster payment system, in seconds and in two currencies: HKD and CNY. A proxy ID, a mobile number or email, is all a buyer needs.
Rails settle it at checkout; pegged tokens settle it on-chain. Both live on the same non-custodial U.CASH checkout.
HKD checkouts can offer FPS for domestic buyers (in dollars or yuan), SWIFT for international ones, and cards through your own Stripe or Verifone account.
Hong Kong. Manual rail, no processor account.
International. Manual rail, no processor account.
Worldwide. Card processing via your own account.
Worldwide. Card processing via your own account.
No HKD stablecoin trades on U.CASH today. On-chain settlement runs through the dollar stablecoins, deepest of the pairs.
No HKD-pegged token trades on U.CASH today. Card rails and the crypto assets cover checkout settlement.
Countries served by the Hong Kong Dollar rails on U.CASH.
Bank rails for the checkout, pegged tokens for on-chain settlement, one non-custodial platform.