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RedotPay Targets $1B U.S. IPO in Landmark Stablecoin Market Move

RedotPay Targets $1B U.S. IPO in Landmark Stablecoin Market Move

Author:

Global Cryptocurrency

Published:

2026-02-24 14:04:01

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BTCCSquare news:

Hong Kong-based RedotPay is preparing for a New York IPO that could value the stablecoin-focused fintech at over $4 billion. The offering, slated for late 2025 or 2026, marks a watershed moment for cryptocurrency acceptance on Wall Street.

JPMorgan, Goldman Sachs, and Jefferies are reportedly advising on the deal. The listing WOULD position RedotPay alongside Circle in bringing stablecoins into mainstream U.S. finance, as global circulation surpasses $300 billion.

Since its 2023 launch, RedotPay has gained traction through cross-border payment solutions. The IPO comes amid accelerating institutional adoption of blockchain-based settlement systems across traditional finance.

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