What changed
Circle has signed a definitive agreement to acquire Singapore-based Tazapay, a B2B cross-border payments infrastructure company. Tazapay brings over $25 billion of annualized payment volume, 60+ banking and fintech partners, and local payout rails covering over 100 markets. Approximately 60% of Tazapay’s transaction volume already includes stablecoins. The deal is expected to close in 2027, subject to closing conditions and regulatory approvals including the Monetary Authority of Singapore.
Why it matters
Circle has signed a definitive agreement to acquire Singapore-based Tazapay, a B2B cross-border payments infrastructure company. Tazapay brings over $25 billion of annualized payment volume, 60+ banki