Circle to Acquire Singapore-Based Cross-Border Payments Platform TazaPay

Circle Internet Group, Inc. (NYSE: CRCL), the issuer of USDC, has signed a definitive agreement to acquire TazaPay, a Singapore-headquartered B2B cross-border payments infrastructure firm. The acquisition aims to integrate TazaPay's banking relationships and local payout rails with USDC. The deal is expected to close in 2027, pending regulatory approvals, including from the Monetary Authority of Singapore.