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Circle Buys Singapore's Tazapay to Fuel Global Payment Expansion

Guavy AI Editorial Team
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Circle Internet Group has made a significant move in its expansion efforts by acquiring Singapore-based Tazapay for $400 million. This acquisition is expected to accelerate Circle's USDC payments reach across emerging markets.

The company also plans to launch the Arc institutional layer-1 blockchain on September 16, 2026, with founding validators including BlackRock, Mastercard, Visa, and DTCC.

Circle's shares have been trading above key moving averages with bullish momentum, indicating a strong technical setup. The current price is $95.1, with the projected 5-day range standing at $88.66 to $99.22.

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