Market Cap: $2.6993T -1.120%
Volume(24h): $73.8639B 4.390%
  • Market Cap: $2.6993T -1.120%
  • Volume(24h): $73.8639B 4.390%
  • Fear & Greed Index:
  • Market Cap: $2.6993T -1.120%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$82992.240739 USD

-0.74%

ethereum
ethereum

$1905.557390 USD

-0.09%

tether
tether

$1.000184 USD

0.02%

xrp
xrp

$2.288240 USD

-2.48%

bnb
bnb

$639.836036 USD

0.18%

solana
solana

$125.371788 USD

-2.70%

usd-coin
usd-coin

$1.000156 USD

0.01%

cardano
cardano

$0.709189 USD

-2.10%

dogecoin
dogecoin

$0.168054 USD

-3.39%

tron
tron

$0.225003 USD

5.02%

chainlink
chainlink

$14.178727 USD

2.78%

unus-sed-leo
unus-sed-leo

$9.821699 USD

-0.06%

toncoin
toncoin

$3.542072 USD

3.56%

stellar
stellar

$0.270845 USD

-0.96%

hedera
hedera

$0.188253 USD

-1.44%

Cryptocurrency News Articles

RedotPay Closes a $40M Series A Funding, Fueling Its Mission to Create a Borderless Payment Ecosystem

Mar 14, 2025 at 10:13 pm

Bridging the gap between fiat and crypto is an idea that's already out there, including from the Best Wallet ecosystem, where holders of its token Best Wallet Token ($BEST) can receive discounted rates on their planned Best Card and 8% cashback on all purchases.

RedotPay Closes a $40M Series A Funding, Fueling Its Mission to Create a Borderless Payment Ecosystem

Lightspeed is leading the way as RedotPay, a crypto fintech company, has closed a $40M Series A funding to fuel its mission to create a borderless payment ecosystem that unites crypto and fiat.

Further backing was provided by HSG, Galaxy Ventures, and other notable investors such as DST Global Partners.

Bridging the gap between fiat and crypto is an idea that’s already out there, including from the Best Wallet ecosystem, where holders of its token Best Wallet Token ($BEST) can receive discounted rates on their planned Best Card and 8% cashback on all purchases.

Borderless Payment Ecosystem – Bridging the Gap Between Crypto and Fiat

Founded in 2023, RedotPay is a crypto fintech company that aims to transform global payments by leveraging blockchain and digital assets. The company's vision is to build an inclusive financial infrastructure within the cryptocurrency space that unlocks economic opportunities.

The platform integrates digital payment technology with cryptocurrencies, enabling the convenient use of digital assets via familiar payment channels. Operating in Southeast Asia, RedotPay's services are broadly accepted, covering Google Pay, Apple Pay, and major card networks.

RedotPay aims to be at the forefront of secure and seamless cryptocurrency payments, with a vision to speak its utility to all. They function under the belief that the future of payment is digital.

Crypto Confidence: Support Skyrocketing

Is this investment into RedotPay a one-off, or are we beginning to see a shift in investments into crypto?

The increasing use of stablecoins in financial transactions is underscored by recent news. Crypto payment firm Mesh raised $82M in a Series B funding round to expand its blockchain-based settlement network globally, with PayPal's $PYUSE stablecoin playing a key role in the settlement.

Recent market activity would suggest that the increased investor attention is having a positive impact overall, and we are beginning to see a positive upward trend in stablecoins such as Tether - a good sign for alt and meme coins that tend to follow suit.

With these investments into bridging the gap between the fiat and crypto markets, more cryptocurrencies are following suit, such as Best Wallet Token ($BEST).

$BEST is already thinking ahead by offering reduced transaction fees for holders using the forthcoming Best Wallet card, as well as reduced transaction fees across the Best Wallet ecosystem.

Real-World Crypto: Best Wallet Token ($BEST) Makes Spending Cheaper

Part of the Best Wallet ecosystem, Best Wallet Token ($BEST) is its in-house cryptocurrency. It gives holders early access to presale tokens at their lowest current prices before they go live on the mainstream market.

Launching in November 2024, $BEST has already raised over $11M. In presale, its current token price is $0.024325, so there is still time to invest early and see potentially larger returns. We picked it as one of our best meme coins of 2025.

$BEST Benefits And Utility

$BEST holders gain access to all the benefits of the Best Wallet family:

* 8% cashback paid in $BEST on every purchase

* 50% reduced transaction fees for life on the forthcoming Best Card

* Preferred seating at events and concert tickets

* Priority customer support

* Exclusive access to presale tokens at the lowest prices

$BEST’s Future Plans And Prospects

What makes $BEST one of the best new crypto is that despite already having access to some brilliant benefits in Best Wallet, the perks haven't ended yet.

$BEST holders have much to look forward to, especially the Best Card, a key step towards seamless, borderless payments.

This crypto debit card will allow users to spend their Best Wallet holdings on everyday purchases, mirroring the familiar experience of a traditional debit card.

Given RedotPay’s widespread acceptance, including on Google Pay and Apple Pay, the question arises: will Best Card follow a similar path as there is already precedence.

With an 8% cashback offering on every purchase made with the card and reduced transaction fees (exclusively for $BEST holders and stakers) it will be useable worldwide, anywhere that accepts Mastercard.

Recent announcements of the Strategic Bitcoin Reserve didn’t excite the market as many would have hoped. However, it’s clear that the market is starting to rise and that this pattern is normal for a bull market and not a sign of long-term weakness, according to Arthur Hayes, BitMEX co-founder. The RedotPay investment will surely add to the excitement and maybe kick the market higher.

It’s still not too late to buy $BEST in its presale and ride the potential rise that crypto pundits feel is coming.

Crypto-Fiat Integration: RedotPay's Journey Continues

RedotPay's $40M injection brings its vision of unified crypto-fiat transactions closer, signaling a major step towards bridging the market divide. All eyes will be watching

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Mar 18, 2025