Circle to acquire Tazapay for approximately $400 million to expand USDC cross-border payment infrastructure
Circle (Circle), the issuer of the USD-pegged stablecoin USDC, has signed a definitive agreement to acquire Singapore-based B2B cross-border payment firm Tazapay. The acquisition will be settled in stock and is expected to be completed by 2027.
Summaries are written by AI from the original article. Not investment advice.