Written by Yohan Yunstaff editorReviewed by Robert Lakinstaff editor

Written by Yohan Yunstaff editor

Reviewed by Robert Lakinstaff editor

Circle to acquire Tazapay to expand USDC cross-border payments

Latest NewsPublishedSep 8, 2026

Tazapay processes $25 billion in annualized volume and offers payout rails across 100-plus markets, extending Circle’s USDC payments reach.

Circle has agreed to acquire Singapore-based cross-border payments platform Tazapay in a deal expected to close in 2027.

The transaction will also require customary closing conditions and approval from the Monetary Authority of Singapore, Circle stated in a Tuesday announcement.

Tazapay has more than $25 billion in annualized payment volume and serves more than 60 banking and fintech partners with local payout rails covering more than 100 markets. The company stated in August 2025 that annualized payment volume was $10 billion.

Circle previously invested in Tazapay, including in the startup’s August 2025 Series B round that brought the total amount raised to $57.9 million, as reported by Traxcn data. XRP-issuer Ripple was also an investor in that round.

Stablecoins account for about 60% of Tazapay’s transaction volume, as reported by Circle. The company stated the acquisition will expand its ability to route payments to and from Asia-Pacific and emerging markets.

“This acquisition will rise Circle’s capability to originate and terminate payments globally, near-instant and 24/7, which is a meaningful step toward making USDC the default payment rail for cross-border commerce,” stated Irfan Ganchi, senior vice president of payments at Circle.

Tazapay has been a design partner for the Circle Payments Network since 2025. Circle stated Tazapay customers should see no disruption to their services, APIs, pricing or support.

The financial terms of the deal were not disclosed. Circle did not immediately respond to Cointelegraph’s request for comment.

Circle’s (CRCL) NYSE-traded shares were down more than 2% in Tuesday’s premarket activity, at last look, as reported by Yahoo Finance.

Related: Bernstein sees new USDC growth cycle, sets $140 Circle price target

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• Circle
• Stablecoin
• Payments
• Business
• Singapore
• Asia
• Industry

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