RedotPay Collaborates with Gelephu Mindfulness City for Stablecoin Payments

RedotPay, a blockchain solution provider, has entered into a strategic partnership with Gelephu Mindfulness City (GMC) to support the growth of Bhutan's digital asset ecosystem. The collaboration aims to establish stablecoin-based payment infrastructure and expand the use of digital assets in everyday settings.

The partnership will enable RedotPay to strengthen its anti-money laundering (AML) and counter-terrorist financing (CTF) compliance, while also improving transparency and facilitating oversight. By establishing a local entity inside GMC's Special Administrative Region, RedotPay will be directly supervised by the city's regulatory framework.

GMC officials have emphasized the importance of moving beyond foundational blockchain infrastructure towards real-world digital asset adoption and regulated financial applications. The partnership reflects Bhutan's broader strategy to establish itself as a regulated blockchain and digital finance hub, attracting crypto firms and fintech companies.