RedotPay could become the first stablecoin card company to IPO in the US Bloomberg reports it is considering a confidential filing by year-end and is in talks on a pre-IPO round at a $4B to $5B valuation Who they are: - a stablecoin payments app from Hong Kong, launched in 2023 - you top up with crypto and pay with a Visa card - in Singapore the actual issuer isn't named, the terms only say "BIN Sponsor" - in Hong Kong it is legally a credit card, with the credit line from its own Red F. Technology - 9M+ customers, over $180M a year in revenue at the current pace and an operating margin above 50%, per the report In September its cards took $537.9M of top-ups, 34% of all tracked Crypto Card volume Would you buy @RedotPay stock?