律动BlockBeats
--
Redot Pay completes $40 million Series A, with Lightspeed Venture Partners and Sequoia looking to create a payment giant in the crypto space?
Does crypto payment always feel a bit 'suspicious'? The wallet operations are cumbersome, asset volatility is frightening, and combined with the fog of regulation, it feels like an adventure for ordinary people to use cryptocurrencies to buy a cup of coffee. Since the UST collapse in 2022, which evaporated $40 billion, 'stablecoins' have become synonymous with risk, and market confidence in stablecoins has fluctuated.
But changes are happening. On March 13, 2025, the U.S. Senate Banking Committee passed the stablecoin regulation bill by a vote of 18 to 6, clarifying the compliance path for mainstream stablecoins like USDT and USDC, restoring market confidence and solidifying the trust foundation for crypto payments. Amid this wave, crypto payment platform Redot Pay announced on March 14 that it had completed a $40 million Series A financing round led by Lightspeed, with backing from top institutions like Sequoia China. This company aims to make cryptocurrency payments as simple as swiping a bank card, requiring no technical knowledge, and even individuals without bank accounts can easily 'board the train.'
But changes are happening. On March 13, 2025, the U.S. Senate Banking Committee passed the stablecoin regulation bill by a vote of 18 to 6, clarifying the compliance path for mainstream stablecoins like USDT and USDC, restoring market confidence and solidifying the trust foundation for crypto payments. Amid this wave, crypto payment platform Redot Pay announced on March 14 that it had completed a $40 million Series A financing round led by Lightspeed, with backing from top institutions like Sequoia China. This company aims to make cryptocurrency payments as simple as swiping a bank card, requiring no technical knowledge, and even individuals without bank accounts can easily 'board the train.'
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.