The Hong Kong Stablecoin Payment Company RedotPay is Considering U.S. IPO, with Expected Scale of $1 Billion

BlockBeats News, February 24th, according to market sources, RedotPay, a Hong Kong-based stablecoin payment fintech company, is considering a US IPO with an expected scale of $1 billion.

Previously, RedotPay completed a $107 million Series B financing round led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, Circle Ventures, and existing investors including HSG (formerly Sequoia Capital China). RedotPay uses stablecoins to provide global payment services and claims to currently have over 6 million registered users in 100+ markets worldwide.