RedotPay Wins Lending Licenses in Idaho and Nebraska Amid Crypto-Collateralized Lending Decline

RedotPay has secured state lending approvals in Idaho and Nebraska as outstanding crypto-collateralized lending declined to $56.16 billion in the second quarter of 2026.

The company's U.S. affiliate, Red Dot Lending (US), LLC, received an Idaho Regulated Lender License and a Nebraska Installment Loan Company License on September 23.

The approvals cover certain lending products in the two states after RedotPay launched its U.S. operations and do not authorize nationwide lending.

RedotPay's existing model includes credit products that use digital assets as collateral, with over 8.5 million people across 100 countries using its products and processing roughly $14 billion in annual payment volume as of August 29, 2026.