RedotPay from Hong Kong, China is considering an IPO in the United States, with an estimated size of $1 billion

RedotPay, a Hong Kong based stablecoin payment fintech company, is considering an IPO in the United States, with an expected size of $1 billion. RedotPay previously raised $107 million in Series B funding, led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, and Circle Ventures. Existing investors include HSG (formerly known as Sequoia Capital China). RedotPay utilizes stablecoins to provide global payment services and currently has over 6 million registered users in more than 100 markets worldwide.