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RedotPay Partners with Circle to Turbocharge Crypto Payments in Brazil

RedotPay Partners with Circle to Turbocharge Crypto Payments in Brazil

Author:
Coindesk
Published:
2025-06-02 10:00:00
6
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Crypto Payments Firm RedotPay Enlists Circle Payment Network 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.

|Square

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