Plasma One vs RedotPay
A non-custodial stablecoin Visa with tiered cashback up to 4% vs a custodial travel Visa with broad asset support, triple mobile wallets and no cashback.
Quick verdict
Plasma One is the rewards pick — non-custodial, 0%/1% FX, tiered 2–4% cashback in XPL, with a free Lite tier. RedotPay is a custodial travel utility — wide altcoin top-up support, Apple/Google/Samsung Pay and ATMs in 100+ countries — but ~1.2% FX plus a 1% top-up conversion and no ongoing cashback.
Side-by-side
| Plasma One | RedotPay | |
|---|---|---|
| FX Fees | 0% on USD & EUR · 1% on other currencies | ~1.2% FX + 1% crypto conversion at top-up |
| Payback | Lite 2% · Core 3% · Platinum 4% — paid in XPL | No standard ongoing cashback |
| Annual Fee | Lite Free · Core $120/yr or 10,000 XPL lock · Platinum 100,000 XPL lock | $10 Virtual · $100 Physical |
| Physical Card | Virtual + orderable premium physical (by Rain) | Plastic Visa + virtual |
| Custody | Non-custodial (on-device keys) | Custodial |
| Supported Currencies | Stablecoins: USDT, USDC, USDS | BTC, ETH, USDT, USDC, SOL + 20 more across many networks |
| Region | Global; iOS-only at launch | 100+ countries, 5M+ users |
Verdict by dimension
Custody
Plasma One wins — non-custodial vs RedotPay's custodial model.
FX Fees
Plasma One wins — 0%/1% vs RedotPay's ~1.2% plus a 1% top-up conversion.
Cashback
Plasma One wins — tiered 2–4% vs RedotPay's none.
Asset support
RedotPay wins — BTC, ETH, USDT, USDC, SOL and 20+ more across many networks vs Plasma One's stablecoins.
Mobile wallets
RedotPay wins — Apple, Google and Samsung Pay.
Choose Plasma One if…
you hold stablecoins and want self-custody, low FX and real cashback.
Choose RedotPay if…
you want the broadest asset top-ups and all three mobile wallets, and cashback isn't a priority.