PANews reported on February 24th that, according to Bloomberg, Hong Kong-based stablecoin payment company RedotPay is considering an initial public offering (IPO) in the United States, aiming to raise over $1 billion. Sources say RedotPay has partnered with JPMorgan Chase, Goldman Sachs, and Jefferies to advance the listing, potentially as early as this year on the New York Stock Exchange, with a target valuation exceeding $4 billion. The details, including the fundraising size and valuation, are still under discussion and may be subject to change.