SHIFT · APAC
Circle acquires Tazapay, integrates stablecoin settlement into B2B payments
Stablecoin issuer Circle bought Singapore-based Tazapay, a B2B cross-border payments platform. No financial terms disclosed. Circle is embedding on-chain settlement directly into corporate payment rails—collapsing the correspondent bank layer.
WHY IT MATTERS
Stablecoin infrastructure is moving upstream: from consumer spend into enterprise payables. BFSI treasury operations face disintermediation risk if stablecoin rails become cheaper/faster than wire. Compliance must model new AML/sanctions scenarios on immutable ledgers.
Source: Finextra · 2026-09-08