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According to CoinDesk, Hong Kong-based stablecoin payment company RedotPay announced on Monday that it has completed its financial audit and anti-money laundering and counter-terrorist financing compliance review, both conducted by Big Four accounting firms, as a necessary preparatory step for applying to launch an initial public offering (IPO) in the United States.
Odaily News: Hong Kong-based crypto payment company RedotPay announced the addition of support for SUI and USDC-Sui within its application. Users can now spend and transfer funds in over 100 countries globally using its card and payment services. This integration, built on the Sui network developed by Mysten Labs, enables support for native USDC, marking an expansion from cross-chain assets to native assets.RedotPay stated that it currently has over 7 million users, with an annualized payment volume exceeding $10 billion. (TechinAsia)