<\/p>\n
Crypto payment platform RedotPay has partnered with Circle to integrate the Circle Payments Network, launching a new crypto-to-fiat payment feature in Brazil as its first step toward broader expansion.<\/p>\n
The collaboration enables RedotPay\u2019s more than 4 million users to send crypto directly to Brazilian bank accounts, with automatic conversion into Brazilian Real.\u00a0<\/p>\n
The \u201cSend Crypto, Receive BRL\u201d feature is live in Brazil, with a limited-time launch offer of zero fees, according to a note shared with crypto.news.<\/p>\n
By using Circle\u2019s infrastructure, RedotPay aims to reduce the costs and delays typically associated with international transfers.\u00a0<\/p>\n
<\/p>\n
Traditional cross-border payments can take several days and often include steep fees and unfavorable foreign exchange rates. The CPN integration eliminates the need for prefunded accounts and enables real-time settlement between institutions.<\/p>\n
RedotPay CEO Michael Gao said the partnership helps solve two key issues for users in emerging markets: speed and cost. \u201cWith our launch in Brazil, we remain committed to delivering faster and more affordable solutions that drive crypto payment adoption,\u201d he said.<\/p>\n
Circle VP of Product Sunil Sharma called the new partnership part of Circle\u2019s (USDC) mission to modernize global payments infrastructure and support underserved populations through stablecoin-powered solutions.<\/p>\n
The move follows RedotPay\u2019s recent $40 million Series A funding round and signals its push to expand into other high-need regions using Circle\u2019s payment rails. The service is now available through the RedotPay app on both iOS and Android.<\/p>\n
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