Circle plans Tazapay acquisition to broaden USDC cross-border payments

Circle plans to acquire Tazapay in a move aimed at expanding the reach of USDC in cross-border payments, according to Cointelegraph. Tazapay processes approximately $25 billion in annualized volume and provides payout rails across more than 100 markets. The deal would give Circle access to Tazapay’s existing payments infrastructure and market coverage, extending the channels through which USDC can be used for international transfers and payouts. The announcement links the acquisition to Circle’s broader payments strategy, although the supplied information does not include financial terms or a closing date. USDC is the directly related market asset, while the transaction may also be relevant to crypto projects associated with payment and cross-border infrastructure.