3-18
RedotPay explains team consolidation as it weighs $150M funding and potential US IPO
Hong Kong-based stablecoin payments firm RedotPay said it has consolidated teams to boost efficiency while scaling, after a report highlighted executive departures and China-linked sensitivities. The company is exploring raising up to $150 million and previously considered a US IPO that could exceed $1 billion in proceeds and a $4 billion valuation, but it insists there is no urgent need for new capital. RedotPay, founded in 2023, now employs more than 250 staff globally and offers a stablecoin spending app paired with a Visa card, along with yield and remittance services.
3-18
3-18
DAO governance platform Tally to shut down in March after processing over $1B
Decentralized autonomous organization governance platform Tally will begin winding down operations at the end of March after five years, with its co-founder citing the lack of a sustainable business model for DAO tooling. The platform says it has handled governance for hundreds of organizations, served more than 1 million users and processed over $1 billion in payments, but will not move ahead with a planned token sale. Industry participants argue the closure reflects broader challenges in DAO coordination, where high usage has not consistently translated into revenue.
DAO
DAO-13.00%
3-18
3-18
Moody's unveils Token Integration Engine to deliver onchain credit analysis via Canton Network
Moody's said on Tuesday that it launched a network-agnostic Token Integration Engine to move its credit analysis onto blockchain infrastructure, initially by running a node on the Canton Network. The firm also released its finalized methodology for rating stablecoins, centered on the credit quality and composition of their reserve assets alongside market, liquidity, operational and technology risks.
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STABLE
STABLE-0.06%
3-18
3-18
Crypto.com And KG Inicis Partner To Enable Tourist Crypto Payments Across South Korea
On March 17, 2026, centralized exchange Crypto.com announced a partnership with KG Inicis, South Korea's largest payment gateway and value added network provider, to enable digital asset payments for foreign travelers. The collaboration will use the Crypto.com Pay app to let visitors spend crypto at Korean merchants and online platforms connected to KG Inicis, while merchants can choose to settle in fiat or digital assets. KG Inicis processes over 400 million transactions annually and holds around 40% of the local gateway market, giving the project immediate access to large-scale payment infrastructure.
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CRO
CRO-0.70%
3-18
3-18
TransFi secures $19.2 million to scale stablecoin cross-border payments in emerging markets
Stablecoin payments infrastructure provider TransFi has raised $19.2 million, including $14.2 million in Series A equity and a $5 million committed liquidity facility. The company plans to use the capital to expand its stablecoin-based cross-border payments platform across Southeast Asia, South Asia, the Middle East, Latin America, and Africa while deepening regulatory licensing and enterprise merchant onboarding.
3-18