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RedotPay raises $107 million Series B to expand stablecoin payments platform

RedotPay, a Hong Kong-based fintech focused on stablecoin-based payments, has raised $107 million in a Series B funding round, as the company reports growing transaction volumes and user adoption.The round was led by consumer-focused venture firm Goodwater Capital, with participation from Pantera Capital, Blockchain Capital and Circle Ventures, alongside existing backers including HSG (formerly Sequoia Capital China), RedotPay said Tuesday.The "oversubscribed" Series B comes roughly three months...

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