RedotPay recently announced that it received its first state-level US Money Transmitter License in the United States. The RedotPay US Money Transmitter License approval is said to support its long-term expansion plans in the country.
License applications are pending in 20+ states. A RedotPay spokesperson shared,
“Receiving our first US Money Transmitter License is an important milestone in our growth strategy in the US. We’ll continue working state by state to bring more people practical ways to use and manage stablecoins with confidence in their daily lives.”
According to the company, over 8 million people use its app to spend and send funds and more, up from 6 million in November 2025.
Featured image edited by Fintech News Hong Kong based on an image by Sandaru Art Gallery on Magnific
