RedotPay’s Compliance-Driven Leap: A $1B Stablecoin Payment Unicorn Emerges

RedotPay, a China Hong Kong-based stablecoin payment platform, has achieved unicorn status following a $47 million strategic investment round that valued the company at over $1 billion RedotPay Attains Unicorn Status With $47M Raise^[1]. The funding, announced on September 25, 2025, included participation from Coinbase Ventures, Galaxy Ventures, Vertex Ventures, and an undisclosed global tech entrepreneur RedotPay Joins Unicorn Club With $47M Raise^[2]. This round builds on a prior $40 million Series A led by Lightspeed Venture Partners in March 2025, bringing RedotPay’s total fundraising to nearly $90 million RedotPay Achieves Unicorn Status^[3].

Founded in April 2023 by Michael Gao, a former DBS banker, RedotPay offers stablecoin-powered payment cards, multicurrency wallets, and global payout services. The company processes an annualized $10 billion in total payment volume (TPV) and serves over 5 million users across 100 markets RedotPay Closes $47M Investment^[4]. Its Global Payout feature, launched in June 2025, allows users to send stablecoins directly to local bank accounts or e-wallets, a service gaining traction in emerging markets like Latin America RedotPay’s Global Payout Service^[5]. The platform also supports crypto-enabled Visa cards, with recent expansions into South Korea RedotPay Launches Crypto Payments in South Korea^[6].

The new capital will accelerate RedotPay’s global expansion, regulatory compliance efforts, and integration with blockchain infrastructure. CEO Michael Gao emphasized that the investment will strengthen the company’s position in a competitive stablecoin market, where regulatory frameworks are rapidly evolving. “Having Coinbase Ventures join us… validates the progress we’ve made and the confidence investors have in our vision,” he stated RedotPay’s CEO Statement^[7]. The firm is currently licensed in China Hong Kong, Europe, and Argentina, with additional applications pending globally Regulatory Licenses and Expansion Plans^[8].

RedotPay’s growth reflects broader trends in the stablecoin sector, which is navigating heightened regulatory scrutiny. In July 2025, the U.S. government passed a stablecoin licensing framework, while China Hong Kong introduced its own licensing regime in August. These developments have spurred investor interest in regulated digital asset infrastructure Stablecoin Regulatory Developments^[9]. RedotPay’s focus on compliance aligns with global efforts to standardize stablecoin operations, positioning it to capitalize on institutional and retail demand for secure, scalable payment solutions.

Looking ahead, the company plans to deepen partnerships with banks and payment networks, expand into new markets, and enhance its regulatory footprint. With stablecoin adoption accelerating, particularly in regions with underdeveloped banking infrastructure, RedotPay’s ability to merge blockchain efficiency with traditional payment systems could redefine cross-border transactions. As the stablecoin market matures, the firm’s emphasis on compliance and innovation may solidify its role as a key player in the evolving digital finance ecosystem.