Circle Targets 40 Emerging Markets With $400M Tazapay Acquisition
- —Deal valued at about $400 million in stock, closing expected in 2027
- —Tazapay brings 60+ banking and fintech partners and payout links in 100+ markets
- —Tazapay's annualized payment volume topped $25 billion as of July 31
- —Circle's H1 2026 revenue and reserve income reached $1.395 billion
Why it matters: Expanding USDC payment rails into emerging markets intensifies competition with USDT and links stablecoins to local banking networks.
Source: Blockonomi