Morning Edition · Wednesday, September 9, 2026Published at 1:46 AM EDT · New York
The acquisition adds more than $25 billion in annual payment volume and payout rails across 100 markets, giving Circle regulated connections into local banking systems.

Circle, the issuer of USD Coin, has agreed to acquire Tazapay, a cross-border payments company, for $400 million in stock. Tazapay processes more than $25 billion in payment volume and operates payout rails in 100 markets, according to cryp…
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Race to Bank and Distribute Stablecoin Reserves
Over 3-6 months, established financial and payments firms compete to custody stablecoin reserves and embed stablecoin rails into cross-border settlement, institutionalizing the plumbing beneath stablecoins.
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