Circle signs definitive agreement to acquire Singapore-based Tazapay

Circle has signed a definitive agreement to acquire Singapore-based B2B cross-border payment infrastructure firm Tazapay. The deal is expected to close in 2027, pending regulatory approval from the Monetary Authority of Singapore. Tazapay currently processes over $25 billion in annualized payment volume, with approximately 60% of its transaction volume involving stablecoins.