Circle Bets $400 Million on Tazapay to Push USDC Deeper Into Global Payments
Circle is putting another $400 million behind its vision for USDC as the plumbing of global payments.The stablecoin issuer has agreed to acquire Singapore-based cross-border payments platform Tazapay in an all-stock transaction expected to close in 2027. The deal would give Circle a broader network for moving money across Asia-Pacific and emerging markets.Under the agreement, Circle will pay for Tazapay with Class A common stock. The final value is subject to adjustments tied to Tazapay’s
Read more »