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BTCC / BTCC Square / Global Cryptocurrency /
RedotPay Secures $107M Series B as Stablecoin Payment Volume Surges to $10B

RedotPay Secures $107M Series B as Stablecoin Payment Volume Surges to $10B

Author:
Global Cryptocurrency
Published:
2025-12-17 04:50:03
20
2
BTCCSquare news:

RedotPay has closed a $107 million Series B funding round led by Goodwater Capital, pushing its total 2025 fundraising to $194 million. The stablecoin payment platform now boasts 6 million users across 100+ countries and is scaling toward profitability. Payment volume has nearly tripled year-over-year, exceeding $10 billion annually, while revenue tops $150 million.

The oversubscribed round saw participation from Pantera Capital, Blockchain Capital, and Circle Ventures, with continued support from existing investor HSG. RedotPay's growth underscores rising demand for user-friendly crypto payment solutions. Its product suite includes stablecoin-linked cards for global spending and multi-currency accounts bridging traditional finance with digital assets.

Competition in the stablecoin payments space is intensifying, with players like Wirex and Crypto.com vying for market share. RedotPay's CEO Michael Gao emphasized the company's mission to simplify financial management through stablecoin-powered services. Fresh capital will fuel strategic acquisitions and license expansions.

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