Circle Acquires Tazapay for $400 Million, Annual Payment Volume Exceeds $25 Billion

Circle has agreed to acquire Singapore-based payment infrastructure company Tazapay in an all-stock deal valued at $400 million, with the transaction expected to close in 2027, pending regulatory approval. Tazapay collaborates with over 60 banks and fintech partners to provide local payout infrastructure in more than 100 markets, with an annual payment volume exceeding $25 billion, of which approximately 60% involves stablecoins. Since 2025, Tazapay has served as a design partner for the Circle Payments Network. Circle's CEO stated that the combination of USDC and Tazapay's banking network can drive global adoption, and the acquisition will enhance Circle's global payment capabilities.

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