Exchanges· ★★★· neutral·

RedotPay weighs confidential US IPO filing by year-end: Bloomberg

  • —RedotPay may file confidentially for a US IPO by year-end
  • —The company earlier denied reports of a delayed US listing
  • —RedotPay was previously reported to target a $5 billion valuation
Why it matters: A US listing by a stablecoin payments firm would test investor appetite for stablecoin settlement infrastructure.
Source: Cointelegraph