Cryptocurrency14 Aug 2026SEO 801 min read

Analysis: RedotPay said to put $1 billion U.S. IPO plan on hold: Bloomberg

A spokesperson for the stablecoin payments company declined to comment on any IPO plans. Stablecoin payments firm RedotPay postponed its planned $1 billion U.S…

A spokesperson for the stablecoin payments company declined to comment on any IPO plans. Stablecoin payments firm RedotPay postponed its planned $1 billion U.S. IPO, which is now unlikely to occur before 2027, as it addresses legal issues. The Hong Kong-based company, which recently obtained a U.S. money transmitter license and is preparing a U.S. product launch, declined to comment on its IPO plans. RedotPay, which calls itself the world’s largest stablecoin payment card issuer and recently re…

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