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    Home»Blockchain/Bitcoin»RedotPay Connect Enables Merchants to Accept Stablecoins and Settle in Fiat
    Blockchain/Bitcoin Payments

    RedotPay Connect Enables Merchants to Accept Stablecoins and Settle in Fiat

    The newly launched gateway allows businesses to accept stablecoins from major crypto wallets while settling instantly in fiat currencies
    Fintech News Hong KongFintech News Hong KongJune 3, 20262 Mins Read
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    RedotPay has launched its first B2B product, RedotPay Connect, allowing enterprise merchants to accept stablecoin payments and settle instantly in local currencies.

    The company announced the new payment gateway at Money20/20 Europe, marking a shift from its core consumer card offerings into enterprise payments.

    RedotPay Connect operates as a single-integration gateway that accepts stablecoins from major digital wallets, including MetaMask and Coinbase Wallet.

    The platform settles transactions instantly in fiat currencies such as the US dollar, euro, and British pound, removing the price volatility typically associated with cryptocurrency acceptance.

    According to the company, the gateway can reduce merchant discount rates by up to 70% compared to traditional card networks and bank payments.

    Jonathan Chan
    Jonathan Chan

    “Merchants have been trapped between high fees and the volatility of the crypto world,”

    said Jonathan Chan, Head of Partnerships and Co-Founder at RedotPay.

    “With RedotPay Connect, we are introducing our first B2B platform to help businesses tap into a global network of over 700 million crypto users, reduce costs, and operate on global, real-time payment rails.”

    In addition to the merchant gateway, RedotPay is developing infrastructure for agentic payments, where artificial intelligence agents can execute transactions automatically using stablecoins.

    The company plans to release a tool called RedotPay Skill in June, which will allow consumers to connect AI assistants directly to the payment network to complete purchases without manual checkout processes or credit cards.

    The launch of the enterprise gateway and the upcoming AI payment features form part of RedotPay’s broader expansion phase following its Series B funding round, as the company seeks to scale its digital asset payment network globally.

     

     

    Featured image credit: Edited by Fintech News Hong Kong, based on image by viktoryvisuals via Magnific

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