Circle signs deal to acquire Singapore payments firm Tazapay

Circle has agreed to acquire Tazapay, a Singapore-headquartered B2B cross-border payments company, as the USDC issuer seeks to expand its global payments infrastructure and increase stablecoin adoption. The transaction, which is expected to close in 2027 pending regulatory approvals including from Singapore’s Monetary Authority, will bring Tazapay’s banking relationships, local payout infrastructure and institutional customer base into Circle. Tazapay supports payments across more than 100 markets, works with over 60 banking and fintech partners and has more than $25 billion in annualized payment volume, with stablecoins accounting for about 60% of transactions. Circle said the acquisition will strengthen its ability to move money globally around the clock and help make USDC a default payment rail for cross-border commerce. Tazapay customers will continue to receive their existing services, APIs, pricing and support without disruption. Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.