RedotPay, a Hong Kong-based stablecoin payments firm, is reportedly considering an initial public offering (IPO) in the United States that could raise more than $1 billion and value the company at over $4 billion.

This move comes on the heels of rapid expansion in 2025, where the company achieved $1.5 billion in monthly payment flows—equating to roughly $18 billion annually—and grew its user base to 6 million, capitalizing on surging demand for seamless crypto-to-fiat spending solutions.

The firm is engaging with major investment banks including JPMorgan Chase, Goldman Sachs, and Jefferies to facilitate a potential New York listing as early as this year. Discussions are ongoing, and details such as the exact size and valuation could still change, according to sources familiar with the matter.

RedotPay's push toward public markets follows a strong fundraising track record. In December 2025, the company secured $107 million in a Series B round led by Goodwater Capital, which valued it at over $1 billion and cemented its unicorn status. Earlier reports indicate the firm raised a total of $194 million across rounds, highlighting investor confidence in its model of bridging digital assets with traditional commerce.

Founded to empower global payments with stablecoins, RedotPay offers a suite of services including fast stablecoin transfers, multi-currency wallets, P2P marketplaces for trading, and virtual/physical cards for everyday spending. Users can instantly convert crypto to fiat for purchases, international transfers, or even earn rewards on holdings. The platform emphasizes security and low-cost transactions, partnering with infrastructure providers like Fireblocks to scale operations. With operations in multiple countries and a focus on Visa-integrated crypto rails, RedotPay positions itself as a key player in the growing stablecoin economy.