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RedotPay's US money transmitter license is not a card launch

RedotPay has received its first money transmitter license in the US. For a company that runs stablecoin payments and the RedotPay Card, that is groundwork for US services, not a nationwide US card launch.

RedotPay's US launch work is only beginning

A state money transmitter license can be part of the legal basis for moving customer funds and offering remittances and wallet services. RedotPay says work to launch in more markets, including the US, is only now beginning. That points to preparation, not a product US residents can already use.

Licensing decides the services around the card

A crypto card depends on more than Visa or Mastercard acceptance. Deposits from crypto, withdrawals to a bank, wallet balances, transfers and local payouts all sit around the card, and each of them can need its own permission. Licensing decides where those services can be offered and how fast they can expand, which is why a license usually arrives well before any card does.

US fees, states and limits are still unpublished

RedotPay has not published fees, covered states, KYC requirements, card limits or a launch date for US users. Until it releases US product terms, this is a compliance milestone rather than a card change. For a US resident, the useful check is whether the RedotPay app or terms list their state as supported, not the license itself.

Sources: RedotPay on LinkedIn, RedotPay news, Post on X.

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