Institutional Bet on Stablecoin Future as RedotPay Hits Unicorn Valuation

RedotPay, a China Hong Kong-based fintech specializing in stablecoin-powered payment solutions, has achieved unicorn status following a $47 million strategic investment round. The funding, which elevates the company’s valuation to over $1 billion, was led by Coinbase Ventures, with continued backing from Galaxy Ventures and Vertex Ventures, as well as support from an undisclosed global tech entrepreneur Stablecoin News: RedotPay Attains Unicorn Status With $47M^[1]. This brings RedotPay’s total capital raised to nearly $90 million, including a $40 million Series A round in March 2025 RedotPay's Stablecoin Payments Could Reach Fintech Unicorn …^[3]. The company reported processing $10 billion in total payment volume (TPV) since its April 2023 launch and serving over 5 million users across 100 markets Crypto payments company RedotPay claims unicorn status with …^[2].

The investment underscores growing institutional confidence in stablecoin-driven payment infrastructure. RedotPay’s services include stablecoin-based cards, multicurrency wallets, and global payout solutions. Its Global Payout feature, launched in June 2025, allows users to send stablecoins directly to local bank accounts or e-wallets. The service has seen strong adoption in emerging markets, particularly Latin America, where it addresses gaps in traditional financial infrastructure Crypto payments company RedotPay claims unicorn status with …^[2]. The company has secured regulatory licenses in China Hong Kong, parts of Europe, and Argentina, with additional license applications underway globally Crypto payments company RedotPay claims unicorn status with …^[2].

RedotPay’s expansion includes launching crypto-enabled payment cards in South Korea in May 2025, enabling transactions at Visa-accepting merchants. The company plans to deepen partnerships with banks and payment networks while prioritizing compliance in new jurisdictions Crypto payments company RedotPay claims unicorn status with …^[2]. CEO Michael Gao emphasized that the funding will accelerate growth, enhance compliance frameworks, and integrate the firm into the broader blockchain ecosystem Stablecoin News: RedotPay Attains Unicorn Status With $47M^[1]. “Having Coinbase Ventures join us, along with the continued support from Galaxy Ventures and Vertex Ventures, validates the progress we’ve made and the confidence investors have in our vision,” Gao stated Crypto payments company RedotPay claims unicorn status with …^[2].

The firm’s success comes amid intensifying competition in the stablecoin sector, driven by regulatory developments in key jurisdictions. For example, the U.S. GENIUS Act and Europe’s MiCA framework have introduced clarity for stablecoin operations, encouraging institutional participation . RedotPay’s focus on blending blockchain efficiency with traditional payment networks aligns with broader industry trends. Its user base and TPV figures highlight the scalability of stablecoin-based solutions, particularly in cross-border transactions and remittances Crypto payments company RedotPay claims unicorn status with …^[2]. The company’s $10 billion TPV, achieved in under two years, reflects the growing utility of stablecoins as a medium for everyday transactions and financial services RedotPay's Stablecoin Payments Could Reach Fintech Unicorn …^[3].

Analysts note that RedotPay’s regulatory-first approach and strategic partnerships position it to capitalize on the expanding stablecoin market. The firm’s expansion into Asia and Latin America, coupled with its compliance-focused model, differentiates it from competitors. As stablecoin adoption accelerates, RedotPay’s ability to offer low-cost, high-speed transactions could further disrupt traditional payment systems Crypto payments company RedotPay claims unicorn status with …^[2]. The company’s trajectory mirrors broader industry shifts, with stablecoins increasingly serving as a bridge between decentralized finance and mainstream financial infrastructure .