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Founded in 2023, the company RedotPay drew attention by launching a cryptocurrency card program at the end of 2024. In February 2025, the company accelerated international cryptocurrency payment expansion through a partnership with Visa and its BIN sponsor StraitsX. Currently, RedotPay serves over 4 million users worldwide.

The cards, now available in South Korea, can be obtained as virtual or physical. Virtual cards cost $10, while physical cards cost $100. The registration process requires only verification of the first name, last name, address, and identification.

Social media users note that the cards are easily accessible. One X user stated: "There is no need to have a physical card — you can start using it right away on your smartphone after verifying your identity."

RedotPay cards support major cryptocurrencies such as Bitcoin and Ethereum, as well as stablecoins like USDC and USDT. Users can load their cards through networks such as Solana, Polygon, BSC, Tron, and Arbitrum.

One standout feature is the instant stablecoin payment and refund system. After making a purchase, stablecoins are instantly deducted from the user's wallet. If the transaction is canceled, refunds in USDC or USDT are processed within minutes.