RedotPay has stopped accepting new applications for physical and virtual crypto cards in South Korea, closing a payment route that let users load Tether (USDT) and spend through Apple Pay, Samsung Pay or Visa merchants. Applicants are told that card applications are temporarily unavailable in their region. The company ended its Korean affiliate and influencer referral programs on Sept. 7, 2026, three days before reports confirmed the broader card block. The move follows a May 2025 pullback that halted physical-card issuance only; physical cards later resumed, while virtual cards remained available. RedotPay’s app recorded roughly 25,000 downloads in South Korea from January 2025 through July 2026, more than rival coin-card services. The retreat comes before South Korea’s crypto taxation regime is scheduled to begin in 2027. Stablecoin spending can create taxable gains, while transactions conducted through offshore platforms such as RedotPay’s Hong Kong operation are difficult for authorities to monitor in real time.