Circle, the USDC giant, has announced a massive $400 million bet on stablecoin payments infrastructure as it looks to take its dollar-backed stablecoin deeper into global commerce.
The company has signed an agreement to acquire Tazapay, a Singapore-based cross-border payments infrastructure firm. This is in an all-stock deal valued at about $400 million. The transaction remains subject to customary closing conditions and regulatory approvals.
The deal gives Circle access to a payments network that already operates across some of the world’s fastest-growing markets particular the APAC and South Asia.
Tazapay has more than $25 billion in annualized payment volume, works with 60+ banking and fintech partners and provides payout coverage across 100+ markets. More than 60% of its payment volume was already settled in stablecoins as of July 31, 2026.
