Circle to Acquire Cross-Border Payments Firm Tazapay for $400 Million
2026-09-10
Circle, the issuer of the USDC stablecoin, has agreed to acquire cross-border payments company Tazapay for $400 million. The acquisition aims to bolster Circle's payment infrastructure.
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Circle, the issuer of the USDC stablecoin, has agreed to acquire cross-border payments company Tazapay for $400 million. This acquisition is intended to enhance Circle's payment infrastructure and its ability to connect stablecoins with traditional banking systems.
Key facts
- Circle has agreed to acquire Tazapay.
- The acquisition is for $400 million.
- Tazapay provides regulated payment infrastructure for businesses operating internationally.
- The deal aims to bridge stablecoins and local banking systems.
Source: CoinDesk
Reported by VERA Newswire.
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