Gelephu, Bhutan – May 21 2026, 09:00 BTT – Gelephu Mindfulness City (GMC) today announced a strategic collaboration with RedotPay to support the development of GMC’s digital asset ecosystem, which includes RedotPay anchoring its stablecoin-based payment operations within GMC’s Special Administrative Region (SAR). In a move that reinforces the city’s commitment to rigorous oversight, RedotPay will establish a full local entity and a permanent on-the-ground operational team, directly aligning with the GMC’s compliance standards.
Unlike many digital asset firms that operate via remote cross-border licenses, RedotPay’s decision to embed itself domestically within GMC marks a significant shift toward proactive regulatory alignment. By establishing a physical presence, RedotPay ensures its operations are transparent and fully integrated with GMC’s rules and regulations, setting a new industry standard for how fintechs should interact with local jurisdictions.
“Our presence in Gelephu is a testament to our ‘Compliance-First’ philosophy,” said Michael Gao, CEO and Co-Founder of RedotPay. “By establishing a local entity, we are not just providing a service; we are placing our operations directly under the supervision of GMC’s regulatory framework. This on-the-ground approach allows us to reinforce compliance standards in real-time, ensuring that every transaction within the GMC ecosystem meets the highest levels of integrity and accountability required by the local government.”
RedotPay, which processes over $11 billion in annualized volume across 100+ markets, will serve as a key bridge between digital assets and everyday utility in GMC. The collaboration focuses on:
As GMC emerges as a global hub for blockchain innovation, the focus has shifted from building foundational infrastructure to ensuring practical, compliant usage. With stablecoin payment flows reaching $390 billion globally in 2025, GMC’s partnership with a compliance-focused provider like RedotPay ensures that this growth is managed responsibly.
“An ecosystem cannot mature without real usage,” said Jigdrel Singay, Board Director of Gelephu Mindfulness City. “Our focus is not only on building the foundations but also ensuring that digital assets can be used meaningfully in everyday settings. RedotPay brings a strong perspective on how to make that transition from infrastructure to application.”
About GMC
The Gelephu Mindfulness City Special Administrative Region is a visionary initiative creating a world-class economic hub in southern Bhutan, centered on mindfulness, sustainability, and innovation. The SAR integrates traditional Bhutanese values with globally recognized legal frameworks, cutting-edge design and technology, while harnessing the Kingdom’s abundant renewable energy resources to serve as a global exemplar of holistic development.
For more information, visit www.gmc.bt or contact info@gmc.bt
Investment inquiries: invest@gmc.bt
About RedotPay
RedotPay is a global stablecoin-based payment fintech that integrates blockchain solutions with traditional banking and finance infrastructures. Our intuitive platform empowers millions around the world to spend and send digital assets, ensuring faster, more accessible and inclusive financial services. RedotPay advances financial inclusion for the unbanked and supports crypto enthusiasts, driving global adoption of secure and flexible stablecoin-powered financial solutions to bring crypto to real life. For more information, visit www.redotpay.com.
For media inquiries, please contact:
comms@gmc.bt
press@redotpay.com