According to CoinMeta, on February 24th, Hong Kong-based stablecoin payment fintech company RedotPay is considering a US IPO, with an expected fundraising of $1 billion. RedotPay previously completed a $107 million Series B funding round, led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, and Circle Ventures, among others. Existing investors include HSG (formerly Sequoia Capital China). RedotPay provides global payment services using stablecoins and stated that it currently has over 6 million registered users in more than 100 markets worldwide.