Circle to Acquire Cross-Border Payments Firm Tazapay for $400 Million

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Circle has agreed to acquire Tazapay, a cross-border payments company, in a deal valued at $400 million. The acquisition is expected to provide Circle with regulated infrastructure that connects stablecoin transactions to local banking systems around the world. This so-called 'last-mile' capability addresses a key gap between digital assets and traditional financial networks. The deal signals Circle's ambition to deepen its footprint in global payments beyond its core stablecoin business.

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