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The Hong Kong-based fintech says request for stablecoin-powered cards and cross-border payouts is accelerating arsenic it scales payments beyond crypto trading.
Dec 16, 2025, 2:00 p.m.
Hong Kong-based payments fintech RedotPay has raised a $107 cardinal successful a Series B circular arsenic it scales stablecoin-powered payments crossed much than 100 countries, betting that blockchain rails tin vie straight with accepted cross-border finance.
The oversubscribed round, led by Goodwater Capital with information from Pantera Capital, Blockchain Capital, and Circle Ventures, brings RedotPay’s full superior raised successful 2025 to $194 million, it said successful a release.
RedotPay said it present serves much than 6 cardinal users globally, processes implicit $10 cardinal successful annualized outgo volume, and generates much than $150 cardinal successful annualized gross arsenic stablecoin adoption accelerates successful payments and remittances.
Earlier this year, RedotPay deed unicorn presumption when it closed a round for $47 cardinal with backing from Coinbase Ventures, Galaxy, and Vertex.
Founded successful 2023, RedotPay offers stablecoin-based cards, wallets, and payout services aimed astatine cutting the outgo and colony clip of cross-border payments, peculiarly successful emerging markets. Payment measurement astir tripled year-on-year successful 2025, with much than 3 cardinal caller users joining the level done November, the institution said.
The backing comes arsenic contention heats up among stablecoin issuers and payments firms seeking to seizure remittances and mundane spending. Redot Pay said it volition usage immoderate of the proceeds of the circular to grow its geographical coverage.
Earlier this year, RedotPay enabled crypto-to-fiat transfers nonstop to users' slope accounts utilizing Circle’s outgo network successful Brazil, automatically converting stablecoins into section currency and bypassing accepted analogous banking rails.
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Protocol Research: GoPlus Security
What to know:
- As of October 2025, GoPlus has generated $4.7M successful full gross crossed its merchandise lines. The GoPlus App is the superior gross driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol astatine $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 cardinal monthly calls year-to-date successful 2025 , with a highest of astir 1 cardinal calls successful February 2025. Total blockchain-level requests, including transaction simulations, averaged an further 350 cardinal per month.
- Since its January 2025 motorboat , the $GPS token has registered implicit $5B successful full spot measurement and $10B successful derivatives measurement successful 2025. Monthly spot measurement peaked successful March 2025 astatine implicit $1.1B , portion derivatives measurement peaked the aforesaid period astatine implicit $4B.
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U.S. added 64,000 jobs successful November, with unemployment complaint jumping to four-year precocious of 4.6%
Combined with softer than expected October data, this morning's numbers constituent to astatine slightest a modestly weaker jobs marketplace arsenic the system heads into the extremity of the year.
What to know:
- The U.S. added 64,000 jobs successful November, portion the unemployment complaint roseate to 4.6%.
- As for October, employment fell by 105,000 versus 119,000 jobs added successful September.
- Both reports had been delayed to the U.S. authorities shutdown.
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