Building with Confidence

We are aware of Bloomberg’s article about legal proceedings initiated by Binance, and we want to speak plainly to our users, partners, and community about what this means, and what it doesn’t.

This proceeding has no impact on our day-to-day operations now or in the future. We are confident in our legal position, and are vigorously defending all claims. As the matter is currently before the court, RedotPay will not be commenting further on the allegations, the ongoing proceedings, or matters that will be addressed through the judicial process.

This past month set a record for on-chain spending by our users, and we continue to be the top crypto card program as tracked by independent data firm Paymentscan. That kind of trust is something we seek to continuously earn by being a company people can rely on in their daily lives.

Our sustainable growth over the years has come from people using our app in everyday life, mostly through organic sources like word of mouth. For many of our users, stablecoins are a way to guard their savings from inflation while paying for everyday goods and services. RedotPay is used by everyone, not just crypto natives.

We have a vision to accelerate financial access globally through the mass adoption of stablecoin-based payments. Digital finance should be accessible, secure, and efficient for everyone.

We are proud to be at the forefront of the stablecoin-powered payments industry, and we remain committed to growing our business with integrity, innovation, and regulatory compliance.

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.