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Jeremy Allaire, co-founder, chief executive officer (CEO), and chairman at Circle, announced that Circle has signed an agreement to acquire Tazapay.
The acquisition involves more than 60 banking and fintech partners as well as operations in over 100 payment markets. Circle reported over 60% stablecoin total payment volume (TPV) as of July 31, 2026, and stated that this move will accelerate the global reach of CPN.
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Allaire has previously detailed that over 1 percent of CRCL is held as tokenized stock, totaling more than $280 million. He also described cirBTC as a key step for enabling market neutral programmable use of BTC. Both developments reflect Circle's ongoing expansion of its digital asset offerings.