Why Circle Is Spending $400M on Tazapay

TLDR Circle agreed to acquire Tazapay for $400 million in stock. Tazapay processes more than $25 billion in annualized payment volume. Around 60% of Tazapay transactions already involve stablecoins. Tazapay connects customers to over 60 banking and fintech partners. The company supports payments across more than 100 markets. Circle has agreed to acquire Singapore-based payments [...]

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