RedotPay’s Regulatory-Focused Breakthrough: A $1B Stablecoin Payment Giant Rises
- RedotPay, a Hong Kong-based stablecoin payment platform, became a $1B unicorn after a $47M strategic investment led by Coinbase Ventures and Galaxy Ventures. - The company processes $10B annualized TPV, serves 5M+ users across 100 markets, and offers stablecoin-powered cards, wallets, and Global Payout services in emerging markets. - Funds will accelerate global expansion, regulatory compliance, and blockchain integration, aligning with evolving stablecoin regulations in the U.S. and Hong Kong. - With li
RedotPay, a stablecoin payment provider headquartered in China Hong Kong, has reached unicorn status after closing a $47 million strategic funding round, pushing its valuation above $1 billion RedotPay Attains Unicorn Status With $47M Raise [ 1 ]. The investment, revealed on September 25, 2025, saw participation from
Established in April 2023 by Michael Gao, a former banker at DBS, RedotPay delivers stablecoin-based payment cards, multi-currency wallets, and international payout solutions. The platform handles an annualized total payment volume (TPV) of $10 billion and serves more than 5 million customers in 100 countries RedotPay Closes $47M Investment [ 4 ]. Its Global Payout service, introduced in June 2025, enables users to transfer stablecoins straight to local bank accounts or e-wallets—a feature gaining momentum in emerging regions such as Latin America RedotPay’s Global Payout Service [ 5 ]. RedotPay also offers crypto-compatible Visa cards and has recently expanded its reach to South Korea RedotPay Launches Crypto Payments in South Korea [ 6 ].
The fresh funding will help RedotPay speed up its international growth, enhance regulatory compliance, and further integrate blockchain technology. CEO Michael Gao highlighted that this investment will reinforce the company’s standing in the increasingly competitive stablecoin industry, where regulations are swiftly changing. “Having Coinbase Ventures on board… is a testament to our achievements and the trust investors place in our mission,” he commented RedotPay’s CEO Statement [ 7 ]. The company currently holds licenses in China Hong Kong, Europe, and Argentina, with additional applications underway in other regions Regulatory Licenses and Expansion Plans [ 8 ].
RedotPay’s rapid ascent mirrors broader shifts in the stablecoin landscape, which is facing increased regulatory attention. In July 2025, the U.S. enacted a licensing framework for stablecoins, while China Hong Kong rolled out its own system in August. These regulatory moves have fueled investor enthusiasm for compliant digital asset infrastructure Stablecoin Regulatory Developments [ 9 ]. RedotPay’s commitment to compliance aligns with worldwide efforts to standardize stablecoin practices, positioning the company to meet growing institutional and consumer demand for reliable, scalable payment options.
Looking forward, RedotPay aims to strengthen collaborations with banks and payment networks, enter additional markets, and broaden its regulatory presence. As stablecoin usage accelerates—especially in areas with limited banking services—RedotPay’s integration of blockchain technology with conventional payment systems could transform international payments. With the stablecoin sector evolving, the company’s focus on compliance and technological advancement may secure its place as a leading force in the digital finance landscape.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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