Overview
- Circle signed a definitive agreement to acquire Tazapay, with the companies announcing the deal on September 8, 2026 and expecting it to close in 2027 pending regulatory approvals including clearance from the Monetary Authority of Singapore.
- Multiple outlets report the transaction is an all‑stock deal valued at roughly $400 million and Circle will use a pre‑closing 20‑day volume‑weighted average share price to set the final shares issued, adjusted for cash, debt and transaction costs.
- Tazapay brings scale and market reach to Circle with more than $25 billion in annualised payment volume, relationships with over 60 banks and fintechs, local payout rails in more than 100 markets, and roughly 60% of its volume already in stablecoins.
- Both companies say Tazapay’s services, APIs, pricing and customer support will remain uninterrupted during the regulatory review and that Circle will preserve Tazapay’s operational footprint while integration planning continues.
- The deal extends Circle’s ability to originate and terminate USDC‑based cross‑border payments, which could speed 24/7 settlement for businesses in APAC and emerging markets but will depend on local licensing and regulator sign‑offs to move local‑currency flows.