Circle Targets Emerging Markets With $400M Tazapay Acquisition
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TLDR: Circle plans to enter about 40 emerging markets as demand for digital-dollar payments grows across developing economies worldwide. The proposed $400 million Tazapay stock deal would add local payout connections across more than 100 markets, pending a 2027 closing. First-half revenue and reserve income reached $1.395 billion, while distribution, transaction and other costs totaled [...]
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Source: Source: Blockonomi