{
  "id": 6378735,
  "title": "Circle to acquire Tazapay for US$400M as USDC push moves into cross-border payments",
  "url": "https://urgent.news/2026/09/09/circle-to-acquire-tazapay-for-us-400m-as-usdc-push-moves-into-cross",
  "topic": "world",
  "section": "World",
  "published": "2026-09-09T04:00:49.000Z",
  "source": {
    "name": "e27",
    "slug": "e27",
    "url": "https://e27.co/circle-to-acquire-tazapay-as-usdc-push-moves-into-cross-border-payments-20260909/"
  },
  "original_language": "en",
  "account": "Circle, the US-listed fintech firm behind the USDC stablecoin, has announced its acquisition of Tazapay, a Singapore-based B2B cross-border payments infrastructure company. The deal, valued at US$400 million in an all-stock transaction, is expected to close in 2027 after satisfying all regulatory conditions and approvals.\n\nTazapay, founded to simplify cross-border commerce for businesses dealing with international partners, has generated annualized payment volume exceeding US$25 billion and serves over 100 markets across more than 60 banking and fintech partners. Around 60% of Tazapay's transaction volume already involves stablecoins, primarily USDC.\n\nThe acquisition will bolster Circle's presence in the Asia Pacific and emerging markets, where cross-border payments are expensive, slow, and fragmented. By incorporating Tazapay's world-class banking relationships, local payout rails, and institutional customer base, Circle aims to accelerate the adoption of USDC worldwide.\n\nSingapore serves as an ideal location for this acquisition due to the city-state's efforts to establish itself as a regulated digital asset hub and its strong fintech ecosystem. The move also underscores the industry's shift towards stablecoins backed by regulatory compliance, reserve requirements, and institutional adoption.\n\nWith this acquisition, Circle aims to enhance its USDC infrastructure and bring the necessary last-mile infrastructure to turn digital dollar transactions into local account payments. The companies assure that customers should experience no disruption to service during the transition.",
  "summary": "For years, stablecoins have been discussed in two very different ways. In crypto circles, they are trading instruments. In financial infrastructure, they are increasingly being treated as a cheaper, always-on way to move money across borders. Circle’s planned acquisition of Singapore-headquartered Tazapay for US$400 million in all-stock deal sits firmly in the second camp. The […] The post Circle…",
  "key_points": [
    "Circle acquires Tazapay for US$400M in all-stock deal",
    "Tazapay's transaction volume exceeds US$25B annually, serves 100 markets",
    "Acquisition strengthens Circle's presence in Asia Pacific and emerging markets"
  ],
  "editors_take": "Circle's acquisition of Tazapay expands its global reach, especially in Asia Pacific and emerging markets, and accelerates USDC adoption through enhanced cross-border payment infrastructure and banking relationships.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}