- RedotPay explores a $1B U.S. IPO, aiming to bridge stablecoins with everyday payments worldwide.
- Partnerships with Circle, Visa, and StraitsX strengthen RedotPay’s cross-border crypto payment network.
- With $10B in annual transactions, RedotPay’s growth highlights rising institutional interest in crypto finance.
Hong Kong-based RedotPay, which specializes in stablecoin payments, is considering going public in the U.S. The IPO could raise more than $1 billion and value the company at over $4 billion.
As per Bloomberg, the listing may take place in New York as early as this year, though final terms remain undecided. RedotPay engages major Wall Street banks, including JPMorgan, Goldman Sachs, and Jefferies, in its IPO evaluation. Additionally, other financial institutions could join the underwriting syndicate if the deal proceeds.
Established in April 2023, RedotPay has seen rapid growth with its services in payment cards linked to stablecoins, multi-currency digital wallets, and cross-border payments. So far, RedotPay has over 6 million users worldwide and facilitates $10 billion in transactions annually.
The buzz about RedotPay’s potential IPO comes after a series of fundraising activities. In 2025, RedotPay raised a total of $194 million in various fundraising rounds. RedotPay’s $40 million Series A round and $47 million strategic investment gave the company unicorn status, followed by its $107 million Series B round with venture capital focusing on cryptocurrency investing and fintech investing.
Strategic Partnerships Strengthen Payments Infrastructure
RedotPay has partnered with Circle and its Circle Payment Network to integrate USDC into cross-border payments. This move expands stablecoin settlement capabilities in Latin America, the Middle East, and Africa. Hence, USDC can serve as a predictable medium of exchange for merchants and consumers.
Moreover, RedotPay partnered with Visa and Singapore-based StraitsX to launch a card program transforming crypto spending. StraitsX acts as the BIN sponsor, while Visa enables global merchant acceptance. Consequently, users can spend digital assets with real-time conversion at checkout.
Market Implications and Growth Potential
The IPO will be one of the largest in the U.S. public market for a payments company that focuses on stablecoins. In addition to the institutional interest in crypto infrastructure, it also shows the overall adoption of stablecoins.
Investors are increasingly supporting companies that enable the connection of blockchain and traditional finance. The approach of RedotPay is centered on linking digital assets with retail infrastructure, and its partnerships improve both accessibility and usability. Moreover, the company’s expansion also indicates the overall trend of cross-border crypto payment services.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Cardano Brings Blockchain Payments to Swiss Retail With ADA at SPAR Stores
ADA payments now accepted at 137 SPAR stores in Switzerland through Cardano integration with DFX.swiss Open Crypto Pay.
Real-time blockchain transactions reduce merchant fees by about two-thirds compared to traditional card providers.
The Cardano Foundation has announced that Swiss payments
CryptoNewsFlash1h ago
PayPal and TCS Introduce Blockchain Network to Speed Up Freight Payments
PayPal and TCS Blockchain have introduced a blockchain settlement network to expedite payments in the trucking industry. By using PayPal USD stablecoin, freight invoices can be settled almost instantly, improving liquidity for carriers and reducing costs by up to 90%. The system aims to enhance transparency and efficiency in logistics finance.
CryptometerIo1h ago
Gate Ventures strategically invests in Utexo to promote the development of Bitcoin-native stablecoin infrastructure.
Gate Ventures announced a strategic investment in Utexo on March 6th. Utexo is a Bitcoin-native settlement infrastructure that combines the RGB protocol and the Lightning Network, supporting private and instant stablecoin transactions, integrating them into the Bitcoin ecosystem. This investment will promote ecosystem development and expand into global markets.
GateNews1h ago
Molecule teams up with Bio Protocol to launch Science Beach, supporting AI agents and human collaboration in scientific research
Solana's decentralized science platform Molecule and Bio Protocol jointly launch Science Beach, aiming to support AI agents collaborating with humans to develop scientific hypotheses. The project has generated over 1,100 hypotheses, involving funding support and research query fees.
GateNews2h ago
Sentio Partners Chainbase to Build AI-Ready On-Chain Data Infrastructure
Sentio and Chainbase have teamed up to enhance on-chain data processing, creating AI-ready structured datasets. This partnership aims to increase data accessibility and standardization, benefiting developers and Web3 applications by transforming raw data into organized insights.
BlockChainReporter3h ago
Rumble: Tether has committed to providing $150 million in GPU service procurement and currently holds 210.82 BTC.
Rumble disclosed in its latest financial report that it holds 210.82 Bitcoin and $237.9 million in cash, with total liquidity of approximately $256.4 million. The company will collaborate with Tether to secure $100 million in advertising spending and $150 million in GPU service procurement commitments to enhance AI infrastructure and computing power.
GateNews3h ago
