Circle’s Irfan Ganchi: Stablecoin Growth Now Depends on Local Payment Infrastructure

Circle has agreed to acquire the Singapore-based cross-border payments platform Tazapay in an all-stock deal valued at $400 million. This acquisition integrates over $25 billion in annualized payment volume, partnerships with more than 60 banking and fintech firms, and payout coverage across over 100 markets into Circle's existing infrastructure.