MonitoringCryptoOtherFirst tracked 2026-09-11Last changed 2026-09-11
Current outcome
Circle agreed to acquire cross-border payments firm Tazapay for $400 million in stock to add local banking, licensing, currency conversion, and fiat payout rails across 100+ markets, closing the off-ramp gap that prevents stablecoins from completing real-world payments.
Progress timeline
1 material updates- #01
Why Circle is spending $400M to fix the last mile holding stablecoins back from real-world payouts
Circle agreed to acquire cross-border payments firm Tazapay for $400 million in stock to add local banking, licensing, currency conversion, and fiat payout rails across 100+ markets, closing the off-ramp gap that prevents stablecoins from completing real-world payments.
Source evidence: CryptoSlate