# Circle Announces $400 Million All-Stock Acquisition of Tazapay to Boost USDC Cross-Border Payments

Canonical: https://yielddispatch.com/news/36d2578e-558a-4415-8eb1-eb05235cf28c
Published: 2026-09-08T18:00:41.997Z
Publisher: Yield Dispatch

Circle has signed an agreement to acquire Singapore-based cross-border payments platform Tazapay in a $400 million all-stock deal, aiming to enhance USDC’s global payments infrastructure, with closing expected in 2027 pending regulatory approval.

## Circle to Acquire Tazapay in All-Stock Deal

Circle Internet Group has signed a definitive agreement to acquire Tazapay, a Singapore-headquartered cross-border payments platform, in a transaction valued at $400 million. The deal, announced on September 8, 2026, will be conducted entirely in Class A common stock and is expected to close in 2027, subject to customary closing conditions and regulatory approval from the Monetary Authority of Singapore. [cointelegraph.com](https://cointelegraph.com/news/circle-tazapay-usdc-cross-border-payments); [circle.com](https://www.circle.com/pressroom/circle-expands-global-payments-infrastructure-with-agreement-to-acquire-singapore-based-cross-border-payments-platform-tazapay)

## Expansion of USDC’s Payments Reach

Tazapay processes over $25 billion in annualized payment volume and works with more than 60 banking and fintech partners, covering local payout rails in over 100 markets. Circle aims to leverage Tazapay’s infrastructure to strengthen the global origination and termination of payments via USDC, focusing on rapid, 24/7 settlement capabilities especially across Asia-Pacific and emerging markets. Approximately 60% of Tazapay’s transaction volume already utilizes stablecoins, indicating strong alignment with Circle’s stablecoin-focused strategy. [cointelegraph.com](https://cointelegraph.com/news/circle-tazapay-usdc-cross-border-payments); [circle.com](https://www.circle.com/pressroom/circle-expands-global-payments-infrastructure-with-agreement-to-acquire-singapore-based-cross-border-payments-platform-tazapay)

## No Immediate Changes for Customers, Regulatory Review Pending

According to Circle, current Tazapay customers will not face disruptions in service, APIs, pricing, or support. The transaction still requires approval from relevant regulators, chiefly the Monetary Authority of Singapore, before it can be finalized. Circle previously invested in Tazapay via Circle Ventures and both firms have partnered since 2025 on Circle’s payments network. [cointelegraph.com](https://cointelegraph.com/news/circle-tazapay-usdc-cross-border-payments); [circle.com](https://www.circle.com/pressroom/circle-expands-global-payments-infrastructure-with-agreement-to-acquire-singapore-based-cross-border-payments-platform-tazapay)

## Sources

- [Circle Expands Global Payments Infrastructure with Agreement to Acquire Singapore-based Cross-Border Payments Platform, Tazapay](https://www.circle.com/pressroom/circle-expands-global-payments-infrastructure-with-agreement-to-acquire-singapore-based-cross-border-payments-platform-tazapay) — circle.com
- [Circle to acquire Tazapay to expand USDC cross-border payments](https://cointelegraph.com/news/circle-tazapay-usdc-cross-border-payments) — Cointelegraph
- [Circle agrees to buy cross-border payments firm Tazapay for $400 million](https://www.coindesk.com/business/2026/09/08/circle-agrees-to-buy-cross-border-payments-firm-tazapay-for-usd400-million) — CoinDesk

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