CoinScoopCircle to acquire Tazapay in $400 million cross-border payments deal
Circle, the issuer of USDC, has signed an agreement to acquire Singapore-based cross-border payments infrastructure firm Tazapay. The all-stock transaction is valued at approximately $400 million and aims to expand the utility of the dollar-backed stablecoin in global commerce.
Summaries are written by AI from the original article. Not investment advice.