Redotpay Completes Financial Audit, Plans to List in the United States
2026-09-28 15:52:45
CoinMeta US stock news: Redotpay, a stablecoin payment company based in Hong Kong, has completed its financial audit, which is a necessary step in its initial public offering (IPO) plans in the United States. The company has also undergone independent reviews for anti-money laundering and counter-terrorist financing controls, both conducted by the Big Four accounting firms. Redotpay allows users to hold stablecoins within its app, consume them through affiliated Visa cards, and perform cross-border remittances. As of July, the company claims to have 8.5 million users. Redotpay aims to be valued at over $5 billion, with transaction volumes reaching new highs in the second quarter, and its operating profit margin exceeding 50%.
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Source:CoinDesk
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