RedotPay Partners with Circle to Turbocharge Crypto Payments in Brazil
Another day, another crypto firm trying to make cross-border payments slightly less painful than a root canal. RedotPay just plugged into Circle’s payment rails—because nothing says ’financial revolution’ like reinventing the wheel with blockchain.
Why Brazil? The country’s been flirting with crypto adoption like a hedge fund manager at a tax haven happy hour. Now merchants can settle in USDC—Circle’s dollar-pegged stablecoin—while avoiding the traditional banking circus.
Watch the incumbents sweat. If this takes off, it’s one more nail in the coffin for legacy remittance players who still charge 10% fees for the privilege of moving digits across borders at dial-up speeds.