Qubit Underwriting partners with RedotPay

Qubit Underwriting  has partnered with stablecoin payments platform RedotPay to provide the company with tailored corporate insurance coverage.

The coverage will support RedotPay’s risk management framework as it expands its merchant payment network and enters new international markets.

Hong Kong-based Qubit describes itself as the only Lloyd’s coverholder in Asia-Pacific authorized to underwrite digital asset insurance. RedotPay provides stablecoin-powered payment services that allow users to spend and send digital assets.

“Web3 payment platforms cannot scale globally without risk management that matches their technical ambition. RedotPay has built a fast, scalable bridge between digital assets and real-world commerce. Our underwriting gives them the institutional foundation to continue to grow with confidence.” – Helen Ye, Chief Executive Officer of Qubit Underwriting.