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Circle Acquires Tazapay for $400 Million to Expand USDC Payment Network in Emerging Markets
12 hour ago /
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Author：小编
US stablecoin issuer Circle has acquired Singaporean payment company Tazapay for $400 million to gain access to local payment channels in emerging markets and expand the global reach of its USDC stablecoin in the payments sector. This move indicates that stablecoin competition is accelerating its shift toward emerging markets, with Circle aiming to enhance its payment infrastructure through the acquisition and boost the adoption of USDC in cross-border payments.
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