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Circle agrees to acquire Tazapay and expand its cross-border payments network

Circle signed a definitive agreement to acquire Singapore-based payments infrastructure company Tazapay. Circle says Tazapay brings more than $25 billion in annualized payment volume, over 60 banking and fintech partners, and payout coverage across more than 100 markets. The transaction is expected to close in 2027, subject to regulatory approvals and customary conditions.