According to Bloomberg, Hong Kong-based stablecoin payment company RedotPay is considering an initial public offering (IPO) in the United States, with potential fundraising exceeding $1 billion. Informed sources revealed that RedotPay is collaborating with JPMorgan Chase & Co., Goldman Sachs Group Inc., and Jefferies Financial Group Inc. to plan a listing in New York as early as this year. The company may seek a valuation of over $4 billion.