RedotPay, the Hong Kong-based stablecoin payments firm, has completed a financial audit as it continues pursuing a US initial public offering. The listing timeline has shifted from 2026 to 2027, with the company initially aiming to raise over $1 billion at a valuation exceeding $4 billion. The process is complicated by a $473 million lawsuit from Binance-affiliated entities and SEC regulatory requirements. In August 2026, RedotPay secured a US money transmitter license, and the company has 8.5 million users with annualized payment volumes between $10 billion and $12 billion.
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