Circle Acquires Tazapay to Accelerate Stablecoin Payment Adoption

Stablecoin issuer Circle is set to acquire Singapore-based B2B cross-border payments infrastructure company Tazapay . The deal, announced Tuesday (Sept. 8) and expected to close next year, is designed to employ Tazapay’s banking relationships, local payout rails, and institutional customer base to accelerate adoption of Circle’s USDC stablecoin.