According to CoinMeta, Yuanbi Technology announced that its US dollar stablecoin RDUSD will be deployed on HSK Chain. The two parties will explore cross-border payments, global fund management, and the tokenization of real-world assets. RDUSD is issued by Anchorage Digital Bank, is pegged to the US dollar at a 1:1 ratio, and undergoes third-party audits. This stablecoin has not been licensed by the Hong Kong Financial Services Authority and is only available to professional investors in Hong Kong.