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Finance, Stablecoins
Will HSBC launch its HKD stablecoin to the public before 2027?
$200 / $200 Goal
1 funders

100.00% reached

Est. Prob.
Yes$152 (76 %)
No$48 (24 %)
Graduation conditions
  • Total funding ≥ 200 TYD
Met
  • Single-side funding ratio (Yes and No) ≥ 0.01%
Met

Both conditions must be met for this market to advance to Live Phase.

Status: Graduated

This market has reached its funding goal and is now live on the trading platform.

Market is Live

Initial liquidity provided. Trading is now active.

Launch Summary

Total Liquidity$200
76 %Yes Probability
24 %No Probability

Rules

This market will resolve to “Yes” if HSBC or the Hong Kong Monetary Authority (HKMA) publicly announces, via an official HSBC or HKMA channel, that HSBC's licensed Hong Kong Dollar (HKD)-pegged stablecoin has been issued and is available to customers or the public at any time after the creation of this market and before January 1, 2027 - 00:00 PST. Otherwise this market will resolve to “No.” For the purposes of this market: • Issued and available to customers or the public means the stablecoin is authorized and launched for general customer or public use such that customers can obtain, hold, send, or redeem the stablecoin through HSBC services or publicly accessible platforms. • Pilots, regulatory sandboxes, limited closed-user tests, announcements of future launch dates, statements of intent, or product registrations that do not make the stablecoin available for general customer/public use do not qualify. • Only announcements or evidence occurring after market deployment are eligible for resolution.

Source

- Official HSBC press releases or announcements on HSBC's corporate website - Hong Kong Monetary Authority (HKMA) official announcements or press releases

Date

Proposal End Date:
The earliest date of resolution:

Threads

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Your Funds

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Top 10 Funders

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Activity

Info

Launchpad
Proposal ID
829
Created
—

FAQ

What happens during the "Funding" phase?
During the funding phase, users can contribute TYD to a prediction market proposal, and signal which side they favor. Funds are temporarily held in the Launchpad (escrow) contract until the funding threshold is reached.
What happens when the funding goal is reached?
Once the total amount of contributions meets the threshold, the system will automatically deploy a Prediction Market on-chain. Your funded TYD will then be converted into: • Outcome Tokens (YES or NO, corresponding to the side you favored), and • LP Shares, representing your ranged liquidity position for the opposing outcome. Note: The outcome tokens you receive represent the side which you chose to "fund," and the LP shares represent the side which you want to "divest." The tokens in the ranged liquidity position will be paired with TYD in a full range between the starting odds and 1 TYD. You may withdraw the underlying ranged liquidity for your LP shares at any time. A ---% market deployment fee will be deducted at this stage.
How does a Market “Graduate?”
Graduation occurs once a market reaches the funding threshold, and both outcomes receive a non-zero funding amount. This allows the protocol to surface high value markets, and set the initial odds for trading.
What if the market doesn't reach its goal?
If the funding goal is not reached before the deadline (End of Escrow), the market will fail to launch. You can withdraw your contribution at any time, and no fee will be charged for withdrawals after the funding period ends.
Can I withdraw my funds during the funding period?
Yes. You may withdraw your contribution at any time before the funding period ends. However: • A ---% fee applies to withdrawals made during the funding period. • Withdrawals that would leave less than 1% of the threshold in the pool are not allowed (you can withdraw a smaller amount or your full balance instead).
How is my Outcome Token price determined after launch?
When the Prediction Market is deployed, the initial pool price is calculated based on the total amount funded for each side (YES vs NO). This determines the starting probability for trading.
Who can create a market?
Anyone can create a prediction market proposal. Once a proposal meets the funding threshold, it will automatically be deployed as a tradable Prediction Market.
Where can I view my current funding positions?
You can find all the markets you've contributed to under Portfolio → Funded. It shows your current positions, contribution amounts, and allows withdrawals before deployment.