Stablecoin funds firm RedotPay has raised $107 million in a Collection B spherical, bringing its whole funding in 2025 to $194 million.
The spherical was led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital and Circle Ventures, alongside continued backing from present traders, together with HSG.
Based in Hong Kong, RedotPay affords stablecoin-based cost merchandise, together with a card that allows customers to spend digital belongings, stablecoin-powered payout rails for cross-border transfers, and providers that permit customers to entry and maintain stablecoins by multicurrency accounts and a peer-to-peer market.
RedotPay has greater than 6 million registered customers in over 100 markets, processes greater than $10 billion in annualized cost quantity and generates over $150 million in annualized income, the corporate stated in a Tuesday press release asserting the increase.
RedotPay stated the funding might be used to pursue acquisitions, get hold of further licenses, broaden its compliance operations and rent throughout engineering and product groups, because it strikes into new markets and broadens its funds providing.
RedotPay final raised capital in September, a $47 million investment that it stated valued the enterprise at greater than $1 billion. That spherical included participation from Coinbase Ventures, alongside continued backing from Galaxy Ventures and Vertex Ventures.
In December, RedotPay partnered with Ripple to launch a crypto-to-naira payout characteristic that enables customers to transform digital belongings into Nigerian naira and obtain funds immediately into native financial institution accounts.
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Stablecoin firms increase funds
A number of stablecoin-focused firms have raised capital in 2025.
In August, enterprise traders dedicated almost $100 million to stablecoin infrastructure companies. Switzerland-based M0 raised $40 million in a Collection B led by Polychain Capital and Ribbit Capital, whereas US startup Rain secured $58 million to construct instruments for banks to difficulty regulated stablecoins.
In October, stablecoin funds firm Coinflow raised $25 million in a Collection A spherical led by Pantera Capital. The Chicago-based firm stated the funding would assist the enlargement of its cross-border funds infrastructure, which makes use of stablecoins to settle transactions globally.
In November, CMT Digital closed a $136 million fund to again blockchain startups, with a portion allotted to stablecoin firms. The crypto enterprise firm stated it had already deployed roughly 1 / 4 of the fund, together with investments in Coinflow and stablecoin firm Codex.
For the reason that passage of the GENIUS Act within the US on July 18, the stablecoin market has risen by over $50 billion to about $309.55 billion, with over 60% of the market dominated by Tether’s USDt (USDT), in response to DefiLlama data.
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