Send Crypto, Receive Local Currency: RedotPay Expands Multi-Market Payout Feature

Aug 25, 2025
Redot


At RedotPay, we believe digital finance should be as flexible and borderless as the digital world itself: accessible, secure, and efficient for everyone. That’s why we’ve expanded our payout infrastructure, making it easier than ever to send and receive funds globally. Users can now seamlessly convert crypto into local currencies

Building on our successful launch in Brazil, where users can effortlessly send crypto and stablecoins to local bank accounts in Brazilian Real (BRL), we’re now extending this feature to include Indian Rupee (INR), Philippine Peso (PHP), Thai Baht (THB), Vietnamese Dong (VND), and US Dollar (USD). With more currencies and countries to be added soon!


What is RedotPay’s Multi-Market Payout Feature?

At its core, the multi-market payout feature lets you send cryptocurrency and have the funds delivered directly to your local bank account. The crypto-to-local currency conversion is handled automatically by RedotPay, ensuring transparency and regulatory compliance. It’s a powerful addition to our stablecoin-based cards, giving you a complete toolset for managing digital finance in daily life.

To learn more about sending crypto to a local bank account, visit our multi-market payout Help Center article.

 
Why This Feature Matters

Across the world, more individuals and businesses are turning to cryptocurrency for efficient, cost-effective transactions. Yet, converting digital assets to local funds has often been time consuming, costly, or complicated.

RedotPay’s expanded multi-market payout solves these problems by offering:

Seamless conversion

Instantly turn crypto into local currencies including BRL, INR, PHP, THB, VND, and USD. No external exchanges needed.

Cost efficiency

Send funds overseas with low fees and competitive exchange rates, avoiding common delays and high charges. 

Security and compliance

All payouts adhere to strict security standards and regulatory requirements to ensure safe, transparent, and traceable transactions.

This upgrade is a game changer for freelancers, businesses, remote workers, or anyone needing simple, secure, and fast access to local cash from their digital assets.


How to Use RedotPay’s Multi-Market Payout Feature


Getting started is simple. Just follow these steps:

  1. Open the RedotPay app and Tap [Send] on the homepage. 
  2. Next, tap [Add Recipient].
  3. Choose your preferred supported local currency (BRL, INR, PHP, THB, VND, or USD).
  4. Enter the recipient’s details and tap [Save].
  5. Enter the amount, review the details to proceed.
  6. Select the payout reason and confirm.

Note: This service is available only in selected countries and regions. If you don’t see the feature in your app, stay tuned for more rollouts.

Move Your Crypto With Confidence

With this expansion, RedotPay makes global finance more accessible than ever. Whether you’re sending BTC to your local bank in India, or USDC to support family in the Philippines, our payout feature turns digital dollars into a real-world solution for everyday life.

Ready to try it? Download the RedotPay app, complete your setup, and start sending crypto to local bank accounts, quickly and easily.

Disclaimer: This publication is for informational purposes only and does not constitute legal, financial, investment, or other professional advice. It does not represent an offer or solicitation to buy or sell any products, securities, or financial instruments. The information is provided on an “as is” basis as of the date indicated and is subject to change without prior notice. Rabbit7 Holding (BVI) Limited (“RedotPay”) makes no representations or warranties, express or implied, regarding the completeness, accuracy, reliability, or timeliness of the content. RedotPay, along with its directors, officers, agents, employees and affiliates, expressly disclaims any liability for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, arising from the use of or reliance on this publication. Readers should seek independent professional advice before taking any action in relation to the matters concerned herein. This publication is strictly confidential and may not be reproduced, distributed or transmitted in any form or by any means without RedotPay’s prior written consent. The English version shall prevail in the event of any discrepancy or inconsistency between the various language versions hereof.