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RedotPay Launches Crypto-to-Fiat Transfers in Brazil with Circle Partnership

Over 4 million users can now send crypto directly to Brazilian bank accounts with real-time BRL settlements and zero fees.

by Yashika Gupta
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RedotPay, a fast-growing crypto payment platform, has announced a strategic partnership with Circle to power a new crypto-to-fiat transfer feature. The collaboration, which integrates Circle’s Payment Network (CPN), allows RedotPay users to send cryptocurrency that is automatically converted into Brazilian Real (BRL) and deposited into local bank accounts. This marks a major step in RedotPay’s expansion plans, with Brazil being the first country to access this new offering.

The launch is accompanied by a limited-time zero-fee promotion, making it an attractive option for users seeking low-cost international transfers.

Breaking Barriers in Cross-Border Payments

The traditional cross-border payment landscape has long been plagued by inefficiencies, including high fees, slow processing times, and the need for prefunded intermediary accounts. With the integration of Circle’s infrastructure, RedotPay is tackling these issues head-on. Circle’s real-time payment rails eliminate the need for prefunded accounts, enabling instant settlement between institutions.

RedotPay’s new “Send Crypto, Receive BRL

This advancement is particularly beneficial for users in emerging markets, where access to efficient banking infrastructure is often limited. RedotPay’s new “Send Crypto, Receive BRL” feature allows users to transfer digital assets directly through the app, with automatic fiat conversion handled in the background.

Empowering the Brazilian Market

Brazil has emerged as a key player in the global crypto space, with millions of users adopting digital currencies for everyday use. By selecting Brazil as the launchpad for its crypto-to-fiat service, RedotPay is tapping into a dynamic and growing market.

Michael Gao

“Speed and cost are two of the biggest pain points in international payments,” said RedotPay CEO Michael Gao. “With our launch in Brazil, we remain committed to delivering faster and more affordable solutions that drive crypto payment adoption.”

Brazilian users can now receive BRL from overseas crypto senders without navigating complex exchanges or incurring traditional remittance fees. The RedotPay app, available on both iOS and Android, simplifies the process into a seamless, app-based experience.

Circle’s Infrastructure at the Core

At the heart of this new feature is Circle’s stablecoin-based infrastructure. Circle, the issuer of USDC, provides the backend technology enabling secure, real-time fiat conversion and payment processing. By leveraging CPN, RedotPay ensures that users benefit from low-cost, high-speed settlements without relying on outdated banking systems.

Sunil Sharma

Sunil Sharma, VP of Product at Circle, said, “This partnership with RedotPay aligns with our mission to modernise the global payments infrastructure. We’re excited to help deliver stablecoin-powered solutions to underserved populations in Brazil and beyond.”

Expansion on the Horizon

The Brazil rollout follows RedotPay’s recent $40 million Series A funding round, a sign of investor confidence in its long-term vision. With its strong user base of over 4 million and Circle’s infrastructure at its disposal, RedotPay is poised to expand into other high-need markets in Latin America, Africa, and Southeast Asia.

The “Send Crypto, Receive BRL” feature sets the foundation for further innovation and adoption. As the crypto payments ecosystem continues to mature, partnerships like this signal a growing shift toward blockchain-driven financial solutions that prioritise speed, accessibility, and inclusion.

RedotPay’s Brazil launch represents a meaningful leap forward in the global push to modernise remittances and redefine how money moves across borders.

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