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Stablecoins & Payments · 2 min read

HashKey On-Chain Partners With RD Technologies to Test RDUSD on HSK Chain

The collaboration targets institutional settlement, cross-border payments, and real-world asset trading using the Anchorage Digital Bank-issued stablecoin.

Editorial oversight: Julian Mercer, Chief Editor
Neutral

At a glance Announced

What happened
HashKey On-Chain and RD Technologies partnered on Nov. 2, 2026, to conduct on-chain testing and ecosystem deployment for the RDUSD stablecoin on HSK Chain.
Why it matters
The collaboration links a federally chartered bank-issued stablecoin to an institutional Layer-2 network with over $300 million in real-world assets.
Who is affected
Institutional clients, cross-border trade enterprises, and real-world asset market participants using HashKey On-Chain and HSK Chain.
What's next
Technical deployment and testing of RDUSD across HSK Chain protocols and HashKey On-Chain's settlement platforms.
Primary source
PR Newswire: HashKey On-Chain and RD Technologies Form Deep Partnership to Support On-Chain Testing for RDUSD

Key points

  • HashKey On-Chain and RD Technologies partnered to deploy and test the RDUSD stablecoin on the Ethereum Layer-2 network HSK Chain.
  • RDUSD is issued by Anchorage Digital Bank N.A. under the US GENIUS Act framework for corporate payments and institutional settlements.
  • Integration will target the HashKey Trading Portal, trade finance delivery-versus-payment systems, and automated enterprise settlements.

HashKey On-Chain has entered a strategic partnership with RD Technologies to conduct on-chain testing and deployment of the RDUSD stablecoin across its institutional ecosystem, the companies announced on Nov. 2, 2026 1.

RDUSD is a US dollar-pegged stablecoin supported by RD Technologies and issued by Anchorage Digital Bank N.A., the first federally chartered digital asset bank in the United States 1. Designed to adhere to the regulatory standards of the US GENIUS Act, the token is targeted at institutional treasury management, cross-border payments, and asset tokenization 1. Under the agreement, the token will be deployed on HSK Chain, an institutional-grade Ethereum Layer-2 network 1.

Integration Across HashKey Financial Platforms

HSK Chain currently hosts more than 200 projects and maintains an on-chain real-world asset footprint exceeding $300 million across money market funds, exchange-traded funds, and precious metals 1. The network has also formed a CeDeFi alliance with Morpho to source institutional capital and on-chain yield 1. Following test deployments, both firms plan to embed RDUSD into lending protocols, on-chain trading, and primary real-world asset subscriptions 1.

The initiative will also link RDUSD to three distinct HashKey On-Chain application platforms 1:

  • HashKey Trading Portal (HTP): RDUSD will be used for trade settlement involving tokenized real-world asset instruments 1.
  • HashKey On-Chain Trade Finance Platform: The stablecoin will serve as a continuous settlement mechanism for cross-border merchants, pairing with tokenized trade documentation to facilitate automated delivery-versus-payment execution via smart contracts 1.
  • HashKey Settlement Platform (HSP): Global enterprises will test the asset for treasury cash pooling, institutional disbursements, and programmatic clearing workflows designed for autonomous AI agents 1.

RD Technologies previously raised over $90 million from backers including HashKey Group, Sequoia China (HSG), and the Solana Foundation, and stands as an early participant in the Hong Kong Monetary Authority's stablecoin issuer sandbox 1. Rachel Qiu, COO of HashKey On-Chain Business Group, and Rita Liu, CEO of RD Technologies, indicated that technical support and platform integration will continue rolling out as test phases advance 1.

Sources

  1. [1] HashKey On-Chain and RD Technologies Form Deep Partnership to Support On-Chain Testing for RDUSD — PR Newswire, November 2, 2026

Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.

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